Arch Insurance International has promoted Marie Penberthy to the position of chief financial officer, subject to regulatory approval.

She will be responsible for the finance function, including accounting, financial planning and analysis, and reporting.

Based in London, she will report to Hugh Sturgess, president and chief executive officer of Arch Insurance International.

Ms Penberthy joined Arch Insurance (UK) Ltd in 2022 as a financial controller before becoming CFO of the British operations last December.

Her appointment follows the departure of Jason Kittinger from the role.

Arch Insurance International is part of Bermudian-based Arch Capital Group Ltd and includes Arch Insurance UK and the P&C insurance operations of Arch Insurance (EU) dac, as well as Arch’s insurance operations in Bermuda, Europe and Australia.