New York-based Arch Insurance Group has established two principal underwriting groups in its U.S.-based operations: the Arch
Property & Casualty Group and the Arch Financial & Professional Liability Group.
Michael Murphy has been named president of the Property & Casualty group. Murphy, who has 20 years of experience in specialty lines, joined Arch in 2002 and served most recently as a senior executive vice president of Arch Insurance Group.
David McElroy will serve as president of the Financial & Professional Liability group. In addition, Arch has named John Rafferty as head of the Executive Assurance division of the Financial & Professional Liability Group. Rafferty most recently led The Hartford’s Financial Products division.
Source: Arch Insurance Group
Was this article valuable?
Here are more articles you may enjoy.
Chubb: Cyber Claim Severity Nearly Doubled for Large Businesses 
Tennessee Approves Smallest Drop in Workers’ Compensation Costs in Years 
More Insurance M&A Deals on the Horizon? 
Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance 
