Arch Insurance Europe News

Arch Insurance (UK) Ltd. Acquires UK MGA Axiom Underwriting

Arch Insurance (UK) Ltd., part of Bermuda-based Arch Insurance International, has completed the acquisition of UK managing general agency Axiom Underwriting, having initially purchased a 60 percent share of the business in 2015. Financial details of the deal were not …

Arch Insurance Europe Finalizes Purchase of Ardonagh’s UK Commercial Lines Business

Arch Insurance Europe has completed the acquisition of the UK commercial lines business owned by The Ardonagh Group and part of its Geo Underwriting operating segment. The acquired business, which generated more than £150 million ($190 million) of gross written …

Arch Insurance Europe Buys Ardonagh Group’s UK Commercial Lines Business

Arch Insurance Europe has purchased the UK Commercial Lines business owned by The Ardonagh Group and part of its Geo Underwriting operating segment. The acquisition will give Arch a meaningful presence and an extended office network across the UK that …

Arch Insurance Europe Names Shulman as President & CEO

Arch Insurance Europe announced that Matthew Shulman will be appointed president and chief executive officer, effective July 1, 2016. Shulman joined Arch Insurance U.S. in 2009 and currently serves as executive vice president, responsible for its Executive Assurance and Professional …

Arch Insurance Europe Buys Resource Underwriting Pacific in Australia

Arch Insurance Europe has acquired 100 percent of Resource Underwriting Pacific Pty Ltd (RUPPL), the Melbourne-based MGA. RUPPL will be added to Arch Insurance Europe’s current holdings in Australia. James Weatherstone, Arch Insurance Europe chief executive, said: “We are delighted …