Arch Insurance Group Now Offering New Environmental Coverage

April 29, 2003

Arch Insurance Group, a division of Arch Capital Group Ltd., is now offering environmental liability insurance and risk management services specially designed for the environmental risks of consultants, contractors and property owners and managers.

The Arch Environmental Insurance Program offers limits of up to $25 million and provides innovative strategies for managing environmental risk. Arch offers a number of environmental insurance solutions including:

*Pollution Legal Liability;
*Environmental Consultants Professional and Pollution Liability;
*Contractors Pollution Liability Policy;
*Combined Pollution Products.

“Arch’s entrance into the environmental liability arena gives today’s insurance buyer a strong alternative. This new capability allows Arch to entertain larger risks as well as replace some of the capacity that has been lost from the marketplace in recent months,” said Dinos Iordanou, president and CEO, Arch Insurance Group. “With a clean balance sheet and a strong, dedicated underwriting team, Arch is well-positioned to become a significant player in today’s environmental marketplace.”

Arch (www.archinsurance.com) is helping its environmental policyholders manage risk by providing informed guidance and value-added services including:

*Contract reviews;
*Environmental newsletters;
*Risk Management workshops, presentations and guidance;
*Pre-claims assistance.

Coverage can be written on a primary or excess basis and may not be available in all states.

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