Bermudian-based Arcadian Risk Capital, the managing general agent, has promoted Nicole Barna to executive vice president, head of transactional liability underwriting.

In addition, Ms Barna continues in her role as Arcadian’s underwriting counsel.

Ms Barna joined Arcadian shortly after its inception in January 2021 as a senior vice president with responsibility for the development of Arcadian’s transactional liability book, now one of its largest product sectors.

John Boylan, Arcadian CEO, said: “I am delighted to confirm Nicole’s promotion, subject to Bermuda Immigration approval.

“She has been a consistently outstanding performer at Arcadian since its inception, developing a well-structured and diversified account in addition to offering underwriting counsel to our various teams.

“This promotion is well-deserved and reflective of her outstanding contribution at Arcadian.”

Arcadian Risk underwrites excess insurance on a delegated authority basis on behalf of SiriusPoint.