NU Online News Service, Dec. 23, 9:55 a.m. EST
Arch Group's Arch Insurance Europe has launched Arch Underwriting at Lloyd's (Australia) Pty Ltd.
Arch Underwriting at Lloyd's (Australia), based in Sydney, Australia, is managed by Adam Matteson, regional director Australasia, with an initial focus on commercial property business.
Mr. Adam most recently held national responsibility for Munich Re's Property product in Australia.
Arch Insurance Europe's President and CEO, James Weatherstone said the new underwriting platform is intended to "develop a book of indigenous commercial property business which is not typically seen by the London market."
It is authorized to contract insurance on behalf of the Lloyd's underwriting member of Lloyd's syndicate 2012, managed by Arch Underwriting at Lloyd's Ltd.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.