Arch Insurance promotes two
Arch Insurance International, part of Bermudian-based Arch Capital Group, has promoted Maggie Munns to the position of head of Executive Assurance and Matthew Doherty to director of Underwriting, Executive Assurance.
Ms Munns will be responsible for leading the underwriting activities of the Executive Assurance division which includes Commercial D&O, SME D&O, Financial Institutions and Transactional Risk.
Based in London, she will report to Mike Lay, chief underwriting officer, Long Tail Lines, for Arch Insurance International.
The promotion follows the relocation of Michael Chu to the United States where he will rejoin Arch Insurance North America in the role of senior vice-president, P&C Programmes.
Mr Doherty was most recently Executive Assurance underwriting manager. In his new role, he will report to Ms Munns.
Arch Insurance International includes Arch Insurance UK and the P&C insurance operations of Arch Insurance (EU) dac, as well as Arch’s insurance operations in Europe, Bermuda and Australia.