Arch Insurance Group Enhances Energy Capabilities
Arch Insurance Group, a member of Arch Capital Group Ltd., announced that it has formed a new Energy division—Arch Worldwide Energy— that harnesses all property/casualty energy related capabilities in Arch through one dedicated unit to heighten its response to evolving energy needs worldwide.
Arch Worldwide Energy will be led by Thomas G. Kaiser, Executive Vice President at Arch Insurance Group.
"Arch Insurance Group has always offered expertise in energy, but this strategic group completely dedicated to the issues of the energy market—will drive high quality risk solutions on a worldwide basis," said Ralph E. Jones, Chairman & CEO- Arch Insurance Group.
"This new division maximizes the energy-specific intellectual capital, products and services of Arch exclusively for the energy sector," said Kaiser. "We have studied our clients' evolving risk needs and believe that our new unit positions us to develop the most effective solutions for their risk management arsenal."
The new division combines the expertise of Arch's Onshore Energy, Offshore Energy, Construction All Risk, Erection All Risk, and Energy Casualty into one unit. The Arch Worldwide Energy client base includes clients from oil, gas, petrochemical, chemical, power generation, pulp & paper, mining & steel industries. Clients can access these services in the United States, Canada and London.,