February 11, 2021 | Insurance Insights

Arch Announces Senior Property Underwriter Appointment

Arch Communications

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International, London Market, Press Release

Arch Announces Senior Property Underwriter Appointment

Craig Cafferty joins Arch Insurance International’s property team

London, 11 February 2021 – Arch Insurance International (Arch or the Company) has today announced the appointment of Craig Cafferty as a Senior Underwriter, Property, with immediate effect.

Cafferty joins a well-established property team with a strong focus on technical underwriting and customer service. In this role, he will work with existing clients across the portfolio as well as exploring new business opportunities, adding further impetus to the Company’s strong growth in the sector. Based in London, he will report to Paul Keeley, Head of Property.

Cafferty is a seasoned property market practitioner and brings over 17 years of sector experience to the role. Most recently, he was an International Property Broker and Vice President at Marsh and led the company’s property team for Asia.  During his career, Cafferty also worked at Cooper Gay and was an International Facultative Property Broker at CGNMB LLP.

Commenting on the appointment, Keeley said: “We are delighted to have Craig join the property team. He has extensive broking experience in the property sector across a broad and diverse range of territories and an equally broad range of occupancies. He will play a key role in helping to further strengthen our property insurance division and will bring a new and valuable perspective to the line of business at both the individual risk level and broking house to carrier level.”

TAG WORDS

Arch Insurance International, property, insurance, Cafferty, Keeley, appointment

EDITOR’S NOTES

About Arch Insurance International

Arch Insurance International is part of Arch Capital Group Ltd. and 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.

About Arch Capital Group Ltd.

Arch Capital Group Ltd., a Bermuda-based company with approximately $15.8 billion in capital at Dec. 31, 2020, provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries.

Cautionary Note Regarding Forward-looking Statements

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.

Forward−looking statements can generally be identified by the use of forward−looking terminology such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe” or “continue” or their negative or variations or similar terminology. Forward−looking statements involve our current assessment of risks and uncertainties. Actual events and results may differ materially from those expressed or implied in these statements. A non-exclusive list of the important factors that could cause actual results to differ materially from those in such forward-looking statements includes the following: adverse general economic and market conditions; increased competition; pricing and policy term trends; fluctuations in the actions of rating agencies and the Company’s ability to maintain and improve its ratings; investment performance; the loss of key personnel; the adequacy of the Company’s loss reserves, severity and/or frequency of losses, greater than expected loss ratios and adverse development on claim and/or claim expense liabilities; greater frequency or severity of unpredictable natural and man-made catastrophic events, including pandemics such as COVID-19; the impact of acts of terrorism and acts of war; changes in regulations and/or tax laws in the United States or elsewhere; the Company’s ability to successfully integrate, establish and maintain operating procedures as well as consummate acquisitions and integrate the businesses the Company has acquired or may acquire into the existing operations; changes in accounting principles or policies; material differences between actual and expected assessments for guaranty funds and mandatory pooling arrangements; availability and cost to the Company of reinsurance to manage the Company’s gross and net exposures; the failure of others to meet their obligations to the Company; changes in the method for determining the London Inter-bank Offered Rate (“LIBOR”) and the potential replacement of LIBOR and other factors identified in the Company’s filings with the U.S. Securities and Exchange Commission (“SEC”).

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. The Company undertakes no obligation to publicly update or revise any forward−looking statement, whether as a result of new information, future events or otherwise.

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Source: Arch Insurance (UK) Limited

Media Contacts

Patrick Palmer 

Head of Marketing and Communications, Arch Insurance International

M +44 7900 743664

Nigel Allen or Suzanne Hirst

PR agency – Allen & Clapham

M +44 7988 478824 / M +44 7988 140357