Arch Announces New Regional Manager for Financial Lines in Australia

Business Wire

SYDNEY--(BUSINESS WIRE)-- Arch Underwriting at Lloyd’s (Australia) today announced that, effective January 22, 2017, Alison Percival will become Regional Manager, Financial Lines responsible for all financial lines products underwritten in the region. Ms Percival has been appointed to further the current strategy and growth plans of the local business, including managing the local underwriting team. She was previously the Aus/NZ Product Manager – Directors and Officers Liability and Financial Institutions for Chubb Insurance Australia Limited. In conjunction with this appointment, Anthony Hinde, who joined Arch in 2014, has been promoted to Underwriting Manager, Professional Indemnity reporting to Ms Percival. Ms Percival will be based in Sydney.

Dominic Brannigan, Regional Manager of Arch Underwriting at Lloyd’s (Australia), said: “We are delighted with Alison’s appointment and look forward to her addition to the senior management team at Arch Australia. Her experience and leadership fit well with our culture and existing strategic direction, and we are very excited about the ongoing growth in this particular area of the business.”

Headquartered in Sydney, Arch Underwriting at Lloyd’s (Australia) is a service company that is part of the Arch group of companies. It has authority to enter into contracts of insurance on behalf of the Lloyd’s underwriting member of Lloyd’s syndicate 2012, managed by Arch Underwriting at Lloyd’s Ltd. in London.

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The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward−looking statements. This release or any other written or oral statements made by or on behalf of Arch Capital Group Ltd. and its subsidiaries may include forward−looking statements, which reflect our current views with respect to future events and financial performance. All statements other than statements of historical fact included in or incorporated by reference in this release are forward−looking statements.

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The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with other cautionary statements that are included herein or elsewhere. All subsequent written and oral forward−looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by these cautionary statements. We undertake no obligation to publicly update or revise any forward−looking statement, whether as a result of new information, future events or otherwise.