Arch Re Promotes Moeller to CEO, With Bongiorno, Hackett as CUOs; Brit Hires Hiscox’s Allchorne, Aviva’s Wells for N. America Open Market Property Team

This edition of International People Moves details appointments at Arch Re and Brit.

A summary of these new hires follows here.

Arch Re Promotes 3 in Leadership Team

Arch Reinsurance Co. (Arch Re Co.) announced several promotions in its leadership team, effective on Jan. 1, 2022. Peder Moeller became CEO, while Jessica Bongiorno was promoted to chief underwriting officer (CUO), Property and Specialty, and Joshua Hackett assumed the role of CUO, Casualty and Specialty.

The promotions coincide with the retirement of former Arch Re North America CEO Ken Vivian at the end of 2021.

Moeller has been with Arch for nearly 14 years and has served as CUO for Arch Re Co. since 2017. Moeller has also held roles as managing director, Treaty Casualty and prior to that director of Workers Comp and Casualty Clash. Moeller originally joined Arch Re in 2007 as the assistant general manager of Arch Re Accident & Health out of Copenhagen. As CEO, Moeller will have responsibility for the company’s overall direction and sustainable profitability.

Bongiorno has been with Arch Re Co. since 2006, most recently as head of Property. In her new role, she will lead the Property, Aviation, Crop, Surety and Workers Comp Cat and Clash teams.

Hackett joined Arch Re Co. in 2016 as director of Casualty Treaty before being promoted to head of Casualty. As CUO, Casualty and Specialty, he will lead the Casualty, Professional Liability and Structured teams.

Together, Bongiorno and Hackett will work with business unit heads and the underwriting team to drive best-in-class performance and further establish Arch Re Co. as a leading U.S. reinsurer.

“I want to thank Ken Vivian for leading the Arch Re franchise in North America and wish him the best in his well-earned retirement,” said Maamoun Rajeh, chairman and CEO of Arch Worldwide Reinsurance Group.

Morristown, N.J.-based Arch Reinsurance Co. is subsidiary of Arch Capital Group Ltd., headquartered in Bermuda.

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Brit Hires Hisox’s Allchorne, Aviva’s Wells for N. America Open Market Property

Brit Ltd. announced two new appointments to its North American Open Market Property team. James Allchorne and Laura Wells joined Brit on Jan. 4, 2022 as senior underwriter and underwriter respectively, reporting to Neil Russell, class underwriter, North American Open Market Property. They are based in London.

Allchorne joins from Hiscox, where he was a property underwriter. He started his career at Argo Syndicate 1200 where he held a number of underwriting roles, the most recent being property underwriter. Allchorne also acts a consultant for the Disaster Risk Financing and Insurance team at the World Bank.

With 20 years’ experience in direct and facultative commercial property underwriting, Wells joins from Aviva where she held the role of senior wholesale underwriter. During her career she has also worked in a number of other underwriting positions including commercial property roles at MS Amlin, WR Berkley and Beazley.

Topics Property