Arch Re leadership overhaul

Bermuda’s Arch Re has shaken up its leadership with a new US reinsurance CEO and chief underwriting officers for both property and casualty business.

Peder Moeller has been promoted to CEO of Arch Reinsurance Company in the US. Aside from a brief seven-month term with SCOR in 2017, Moeller has been with Arch since 2007. Most recently, he was its chief underwriting officer. Before joining Arch Re, he held various underwriting positions at Lloyd’s syndicate 1400, the Copenhagen Reinsurance Company and Sampo-owned Topdanmark.

Joshua Hackett, meanwhile, has been promoted to CUO of casualty and specialty and Jessica Bongiorno to CUO of property and specialty at Arch Reinsurance Company. Hackett, who joined Arch in 2016 and was most recently casualty managing director, will head up the casualty, professional liability and structured teams. Bongiorno, formerly managing director and head of property, will lead property, aviation, crop, surety and WCA cat teams. She joined Arch in 2006 as a property underwriter.

Arch Re facultative also has new leadership, with Scott Montgomery, formerly executive director and head of hybrid solutions, promoted to president. He joined the company in 2007 as managing director in charge of the Mid-Atlantic facultative operation. Before that, he spent 20 years in various roles at General Reinsurance.

Finally, Lisa Pickard has been appointed as chief strategy officer. She joined Arch in 2007 and was most recently executive director, property facultative for Arch Reinsurance Co. Pickard has over 25 years’ experience, including as property facultative manager of the West Coast region for Arch Re, as well as in various underwriting and leadership positions at Gen Re.