The Arch Insurance Group, a subsidiary of Bermuda-based Arch Capital Group Ltd., announced that Joseph C. O’Donnell has been promoted to Executive Vice President responsible for Arch Insurance Group’s Executive Assurance Division.
He succeeds Tom Gamble who, the bulletin indicated, “has left to pursue other interests.” O’Donnell will report to Mark Lyons, President and COO of Arch Insurance Group.
He joined Arch in January of 2006 as a Senior VP in charge of Executive Assurance’s field operations. O’Donnell has 22 years of industry experience, all within the Executive Assurance product family. He spent 21 years with Chubb serving in increasingly responsible underwriting positions and was the head of their specialty lines field operations. He has a Bachelor of Science degree in Finance from Indiana University of Pennsylvania.
“Joe has done a great job since he has been with Arch and is a wonderful leader and smart underwriter,” noted Ralph Jones, Chairman and CEO, Arch Insurance Group. “I would also like to thank Tom Gamble who built our Executive Assurance Division into a sizable and very profitable operation from a standing start nearly five years ago.”
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