Arch Re Facultative Rated by Insurance Customers as Best Facultative Reinsurer in 2016 Flaspohler | NMG Consulting Study

By a News Reporter-Staff News Editor at Insurance Weekly News -- Arch Re Facultative has received top customer ratings in the latest Flaspohler | NMG Consulting Study of Property & Casualty Reinsurance providers.

In the 2016 Flaspohler | NMG Consulting Study of Non-Life Reinsurance (facultative segment), Arch Re Facultative received the highest Business Capability Index (BCI) score worldwide. The BCI measures reinsurer effectiveness and overall value proposition by taking into account functional expertise, business management and line of business capabilities.

In addition to being top-rated on BCI for facultative placements, Arch Re Facultative was also ranked #1 by facultative buyers on Client Advocate Score™, a measure of client loyalty and advocacy.

The global study results were based on 543 facultative buyers and technical analysts at 251 companies in more than 100 countries.

Along with the global findings, the Flaspohler | NMG Consulting Study results were analyzed separately for the United States and Canada. A total of 320 facultative buyers and technical analysts in 88 companies across the US and Canada took part in the study.

Across the USA/Canada region, Arch Re Facultative was ranked #1 among facultative buyers for Ease of Doing Business, Partnership Approach, Thought Leadership, Relationship Management, Approach to Contracts and Client Management.

"Since our founding, Arch Re Facultative has focused on providing meaningful capacity, thoughtful responses and outstanding customer service," said Kenneth Vivian, President and Chief Executive Officer of Arch Re Facultative. "We are pleased and humbled to have this confirmation that our clients value our partnership approach and the expertise we bring to the table as we strive to be the best in class at meeting our customers' needs."

"This is the first year the Flaspohler | NMG Consulting Study has evaluated facultative reinsurance performance on a globally consistent basis," said Mark Prichard, CEO of NMG Consulting. Rick Flaspohler, Partner at NMG Consulting, commented further: "These high ratings achieved by Arch Re Facultative are evidence that it is lifting the bar for facultative reinsurance propositions in general."

Keywords for this news article include: Arch Re Facultative.

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