Bair returns to Arch-owned MGU as president

Ventus Risk Management, a wholly-owned managing general underwriter of Bermuda-based Arch Capita, has appointed Tyler Bair as president.

Bair previously spent three years with Ventus, and most recently worked at Amwins Underwriting helping to drive technology, operations and data strategies across their multiple underwriting companies in the US and the UK.

Bair is responsible for driving growth, managing day-to-day operations and building relationships with brokers and carrier partners, the company said. 

“We are thrilled to have Tyler rejoin Ventus and are confident he is the right leader to propel the platform into its next stage of growth,” said Matt Shulman, CEO of Arch Insurance North America. “Ventus is an important facet of Arch’s overall property strategy, a trusted MGU for its capacity providers and a respected partner for its producing brokers. Tyler’s strong expertise in this area and meaningful relationships make him the perfect fit for this role.”

“I’m grateful for the trust Arch has placed in me, and I’m excited to hit the ground running,” Bair said. “I look forward to working with the Ventus team, familiar faces and new colleagues alike, to continue to leverage the data-forward, innovative Ventus platform to bring coastal commercial property solutions to our producers and customers.”

Richard Goldfarb, who has led Ventus for the past five years, will remain with the team as its Head of Strategy. Richard brings strong technical pricing and portfolio management skills, as well as deep property knowledge, to this new role.

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