Arch Insurance expands Transactional Risk Insurance capabilities
Arch Insurance North America announced the expansion of its Transactional Risk Insurance Product capabilities through the launch of a new US-based transactional liability team that complements Arch’s existing worldwide transactional risk business.
The business will initially focus on providing Representations & Warranties and Tax coverage products, and be led by William Carson, Senior Vice President, Transactional Risk. Carson recently joined Arch from Everest where he served as Head of Transactional Risk, North America. He reports to Chris Christon, Senior Vice President, Executive Assurance.
“Arch has been an active participant in the transactional risk market for more than 15 years through MGA and MGU partners and a variety of channels across North America, Bermuda and the United Kingdom. Our direct U.S. platform complements our existing distribution model and reflects Arch’s broader commitment to the transactional risk marketplace. This multi-channel approach allows us to expand our capabilities, strengthen our market presence and better serve brokers and clients.” – Anne Hardner, Executive Vice President, Executive Assurance for Arch Insurance.
“We value the partnerships we have built across the transactional risk ecosystem and remain committed to supporting our MGA and MGU partners long-term. Will and his team bring exceptional market expertise, deep broker and legal relationships and a proven track record in transactional risk underwriting. Their experience will help accelerate our growth while maintaining the disciplined approach that defines Arch.” – Chris Christon, Senior Vice President, Executive Assurance.
“Transactional risk insurance has become an important part of today’s M&A landscape, and Arch is uniquely positioned to deliver the financial strength, underwriting discipline and long-term commitment that brokers and clients increasingly value. Clients, brokers and their legal advisors want more than competitive pricing. They want an underwriting partner that can move quickly, understand transaction complexity and stand behind its commitments when claims arise. Our goal is to deliver a high-quality experience across the transaction lifecycle while maintaining a disciplined approach to risk selection and portfolio management.” – William Carson, Senior Vice President, Transactional Risk.
