Arch sets up foothold in India

Bermuda-based re/insurer Arch Capital Group has expanded its global footprint with the opening of two new offices and plans for a third.

Arch Capital Group has opened two new global capabilities centres in Trivandrum and Pune, India, with a third planned for Hyderabad.

These global capabilities centres will enhance Arch’s ability to service its insurance, reinsurance and mortgage insurance businesses, while enabling the company to tap into India’s talent pool in areas such as analytics, technology and operations.

Prashant Nema (pictured), deputy chief operations officer at Arch, said: “We’re proud to establish a presence in India, a country with remarkable professional talent and a growing role in the global insurance ecosystem. These offices will help us scale key capabilities, strengthen service delivery for business operations around the world and drive innovation across Arch.”

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