Arch Re declares key promotions

Arch Reinsurance Ltd. has introduced the promotions of Crystal Doughty and William Soares to the positions of chief underwriting officer for property and chief underwriting officer for casualty and specialty, respectively. Each Doughty and Soares will report back to Jerome Halgan, CEO of Arch Re.

As well as, Pierre Jal, who beforehand served as international chief underwriting officer for Arch Re Ltd., has taken on the position of chief underwriting officer for Arch Reinsurance Europe. Jal, now primarily based in Zurich, will proceed to supervise underwriting technique throughout each Arch Re and Arch Re Europe.

Matthew Dragonetti, president of Arch Re, will now have expanded obligations that embody main client-centric initiatives throughout the Arch Worldwide Reinsurance Group.

“I need to congratulate Crystal and William, each of whom have been crucial to the success of Arch Re Ltd., and I’m wanting ahead to working with them as we try to fulfill the wants of our clients and develop our Bermuda platform,” Halgan mentioned. “I’m additionally excited to attract on Matt’s and Pierre’s expertise and management as we advance a number of strategic initiatives throughout the reinsurance group.”

Doughty joined Arch in 2021 as a senior property underwriter and has taken a lead position in a number of insurance-linked securities initiatives at Arch Re. Previous to becoming a member of Arch, Doughty spent 15 years in numerous underwriting and actuarial positions at Markel.

Soares, who has been with Arch Re since 2006, has held a number of senior underwriting roles, most not too long ago serving as the pinnacle of casualty and specialty.

Jal started his tenure with Arch Re Europe in 2007 as an underwriter/actuary and has held senior underwriting positions at each Arch Re Europe and Arch Re Ltd.

Dragonetti, one of many founders of Arch Re Ltd. in 2001, has been serving because the president and head of property since 2017.

“Crystal and William’s well-deserved promotions reinforce the caliber and depth of our management crew at Arch Re,” mentioned Maamoun Rajeh, chairman and CEO of Arch Worldwide Reinsurance Group. “We take nice delight in our underwriting acumen, and I do know they are going to be unimaginable stewards of the underwriting legacy that’s effectively established at Arch Re Ltd. Matt and Pierre have been instrumental in constructing our operations in each Bermuda and Europe, and I’m delighted they’ll as soon as once more apply their abilities and expertise to assist our group notice its full potential. We’ve unimaginable alternatives in entrance of us at Arch Re, and I’m wanting ahead to what’s subsequent.”

Arch Insurance coverage North America, one other enterprise of Arch Capital Group, not too long ago introduced the appointment of Rebecca Raisley as vp of distribution for its accident and well being unit. In November Final 12 months, Arch Insurance coverage Worldwide appointed Sam Bradley as senior cyber underwriter.

Have one thing to say about this story? Tell us within the feedback beneath.