Arch Re Europe Opens London Operations
The property facultative arm of Arch Reinsurance Europe Underwriting Limited, based in Ireland, has commenced operations in Arch Re Europe’s new London Branch Office to write an array of excess of loss facultative products. Arch Re Europe is part of Bermuda-based company, Arch Capital Group Ltd.
The London Branch Office builds upon the considerable achievements of Arch Re Facultative in the North American market since its formation in 2007.
The London branch follows the successful establishment of Arch Re Europe’s Facultative Division’s first European office in Zurich last year, which is where Antoine Combarel, Regional Managing Director of the Division, resides. London will work in concert with the team in the Arch Re Europe Zurich Branch Office to provide seamless service across the region.
Steve Franklin, the Chief Executive Officer of Arch Re Facultative in the U.S., said: “We are excited about our expansion in London – a great city with a great marketplace and great personalities which is alluring for our operation. We are looking forward to offering something different in the facultative environment.”
The London Branch Office will be headed up by Greg Parker, Managing Director for Arch Re Europe Facultative Division. Mr. Parker joined Arch in February 2012, bringing 15 years of industry experience in both London and the U.S., which encompassed roles at Gen Re, Hiscox and, most recently, Zurich. Greg is joined by Oliver Woodward, Underwriting Director, in London who has eight years of experience with Hiscox.
