Arch Insurance International has established Arch Managing Agency (AMA), which is led by Ben Canagaretna who has been appointed as managing director.
AMA was formerly Barbican Managing Agency and brings together Arch Underwriting at Lloyd’s and Barbican Managing Agency into a single operation. It manages Syndicate 2012, Syndicate 1955, Arcus 1856 and Toa Re Special Purpose Arrangement 6132.
Canagaretna was formerly group chief actuary at Barbican Insurance Group. He reports to Hugh Sturgess, president and chief executive of Arch Insurance International.
Sturgess said: “By establishing a single managing agency we can better support our four Lloyd’s operations to enhance their market position and promote an environment that is beneficial to our third-party capital partners.”
Arch Managing Agency, Lloyd's, Ben Canagaretna, Hugh Sturgess, Arch Insurance International