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Arch Insurance North America Names Five Division Presidents

NEW YORK--(BUSINESS WIRE)-- Arch Insurance North America (Arch) today announced that five of its well-established executives have been named to the newly-created roles of Division Presidents, effective Aug. 1, 2025.

• Linda Fallon has been named Division President, Consumer Business, which includes the Travel, Accident & Health unit and the Warranty and Lenders Solutions unit.
• Mark Lange has been named Division President, Middle Market and Entertainment.
• Justin Psaki has been named Division President, Financial, Professional and Programs, which includes management liability, professional liability and cyber as well as the P&C Programs unit.
• Rich Stock has been named Division President, Casualty and Surety.
• Valerie Turpin has been named Division President, Property and Marine.

All five Division Presidents will report to Brian First, President of Arch Insurance North America.

鈥淭he alignment of our business units into these five divisions reflects the tremendous growth that Arch Insurance North America has experienced in the past five years,鈥� First said. 鈥淓ach of these Arch leaders has played a meaningful role in that expansion, and I look forward to their continued contributions toward further growth, profitability and the development of their teams.鈥�

For more information about Arch Insurance North America, and its product offerings, visit:

About Arch Insurance North America

Arch Insurance North America, part of Arch Capital Group Ltd., includes Arch鈥檚 insurance operations in the United States and Canada. Business in the U.S. is written by Arch Insurance Company, Arch Specialty Insurance Company, Arch Property & Casualty Insurance Company, Arch Wilsure Insurance Company and Arch Indemnity Insurance Company. Business in Canada is written by Arch Insurance Canada Ltd.

About Arch Capital Group Ltd.

Arch Capital Group Ltd. (Nasdaq: ACGL) is a publicly listed Bermuda exempted company with approximately $24.3 billion in capital at March 31, 2025. Arch, which is part of the S&P 500 Index, provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries.

Cautionary Note Regarding Forward-Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward鈭抣ooking statements. This release or any other written or oral statements made by or on behalf of Arch Capital Group Ltd. and its subsidiaries may include forward鈭抣ooking statements, which reflect the Company鈥檚 current views with respect to future events and financial performance. All statements other than statements of historical fact included in or incorporated by reference in this release are forward鈭抣ooking statements.

Forward鈭抣ooking statements can generally be identified by the use of forward鈭抣ooking terminology such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or their negative or variations or similar terminology. Forward鈭抣ooking statements involve the Company鈥檚 current assessment of risks and uncertainties. Actual events and results may differ materially from those expressed or implied in these statements. A non-exclusive list of the important factors that could cause actual results to differ materially from those in such forward-looking statements includes the following: adverse general economic and market conditions; increased competition; pricing and policy term trends; fluctuations in the actions of rating agencies and the Company鈥檚 ability to maintain and improve its ratings; investment performance; the loss of key personnel; the adequacy of the Company鈥檚 loss reserves, severity and/or frequency of losses, greater than expected loss ratios and adverse development on claim and/or claim expense liabilities; greater frequency or severity of unpredictable natural and man-made catastrophic events, including the effect of contagious diseases on our business; the impact of acts of terrorism and acts of war; changes in regulations and/or tax laws in the United States or elsewhere; ability to successfully integrate, establish and maintain operating procedures as well as integrate the businesses the Company has acquired or may acquire into the existing operations; changes in accounting principles or policies; material differences between actual and expected assessments for guaranty funds and mandatory pooling arrangements; availability and cost to the Company of reinsurance to manage our gross and net exposures; the failure of others to meet their obligations to the Company; an incident, disruption in operations or other cyber event caused by cyber attacks, the use of artificial intelligence technologies or other technology on the Company鈥檚 systems or those of the Company鈥檚 business partners and service providers, which could negatively impact the Company鈥檚 business and/or expose the Company to litigation; and other factors identified in our filings with the U.S. Securities and Exchange Commission (SEC).

The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with other cautionary statements that are included herein or elsewhere. All subsequent written and oral forward鈭抣ooking statements attributable to us or persons acting on the Company鈥檚 behalf are expressly qualified in their entirety by these cautionary statements. The Company鈥檚 forward-looking statements speak only as of the date of this press release or as of the date they are made, and the Company undertakes no obligation to publicly update or revise any forward鈭抣ooking statement, whether as a result of new information, future events or otherwise.

Source 鈥� Arch Insurance North America
Tag 鈥� arch-insurance

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Media:

Stephanie Perez

[email protected]

Source: Arch Capital Group Ltd.