Arch Insurance North America has appointed Tyler Bair as president of Ventus Risk Management, its wholly owned managing general underwriter.

Mr Bair is responsible for driving growth, managing day-to-day operations and building relationships with brokers and carrier partners.

He previously spent three years with Ventus, and most recently worked at Amwins Underwriting, helping to drive technology, operations and data strategies across their multiple underwriting companies in the United States and Britain.

“We are thrilled to have Tyler rejoin Ventus and are confident he is the right leader to propel the platform into its next stage of growth,” said Matt Shulman, CEO of Arch Insurance North America.

“Ventus is an important facet of Arch’s overall property strategy, a trusted MGU for its capacity providers and a respected partner for its producing brokers. Tyler’s strong expertise in this area and meaningful relationships make him the perfect fit for this role.”

Mr Bair said: “I’m grateful for the trust Arch has placed in me, and I’m excited to hit the ground running. I look forward to working with the Ventus team, familiar faces and new colleagues alike, to continue to leverage the data-forward, innovative Ventus platform to bring coastal commercial property solutions to our producers and customers.”

Richard Goldfarb, who has led Ventus for the past five years, will remain with the team as its head of Strategy.

Arch Insurance North America is part of Bermudian-based Arch Capital Group Ltd.