Arch Insurance promotes two to lead executive assurance

Arch Insurance International has promoted two executives in its executive assurance unit following the relocation of Michael Chu to the US where he will be senior vice president, P&C programmes at Arch Insurance North America. 

AII, a subsidiary of Bermuda-based Arch Capital, said it had promoted Maggie Munns to the position of Head of Executive Assurance and Matthew Doherty to Director of Underwriting, Executive Assurance.  

Munns will be responsible for leading the underwriting activities of the Executive Assurance division which includes commercial D&O, SME D&O, financial institutions and transactional risk. Based in London, she will report to Mike Lay, chief underwriting officer, long tail lines, for Arch Insurance International.

Munns started her career with Arch Insurance North America in 2015 before moving to London in 2021.

Doherty joined Arch in 2005 and was most recently executive assurance underwriting manager. In his new role, he will report to Munns.

Lay said: “Maggie and Matthew’s promotions are fully deserved. Maggie has continually demonstrated her leadership skills, deep technical expertise and ability to build long-term broker relationships. I have no doubt that our underwriting teams will continue to thrive under her leadership, and with Matthew’s ongoing support, as we continue to strengthen our relevance and market standing across our executive assurance lines.

"I would also like to thank Mike for his successful leadership of the division over the last six years and commitment to building such an extensive and diverse executive assurance portfolio. We wish him all the best in the next chapter of his career with our colleagues at Arch Insurance North America.”

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