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The firm laid off senior leaders this month, weeks after it began pursuing a sale, this publication can reveal.
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The hybrid fronting carrier was launched last year and is led by Talbot alumnus Sam Reeder.
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The North Dakota insurance commissioner told this publication that AI and resiliency are also top of mind.
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The P&C industry had its best Q3 combined ratio since 2015, driven by personal lines.
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Jelle Ouwehand joined Arch from Marsh, where he was a senior terrorism, PV and war broker.
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The new offerings will be part of the specialty reinsurance portfolio.
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A quick roundup of today’s need-to-know news, including Walmart, UK cyber attacks Bishop Street and more.
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Bryan Salek and Angela Kirby will lead the new segment as SVPs.
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The deal follows Bishop Street’s acquisition of Ethos’ TL operations from Ascot.
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Rivera will succeed current CEO Carlos Rivera, effective January 1.
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The loss figure has increased 200% from the initial number provided in October.
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Cybersecurity basics could reduce cyberattack costs by up to ~75%.