6 September 2018News

New head of US property at Arch

Arch Insurance announced that Valerie Turpin has joined the company as executive vice president (EVP) and head of US property. She succeeds Michael Kmetz, who has taken a different role within the firm.

In this position, Turpin will have oversight of both the excess and surplus property and US retail property divisions. She reports to Michael Price, EVP and chief underwriting officer of Arch Insurance Group.

“Valerie is a recognised leader in the industry and has a proven track record of building out a property team and leading it into new segments,” Price said. “We’re impressed with her strategic thinking and leadership style and know she will bring a new perspective to both her team and the leadership group at Arch Insurance.”

Mark Lange, EVP, strategy and distribution, added, “Valerie’s experience and expertise will help ensure we’re providing valuable solutions for our partners and embracing new growth strategies in all of our distribution channels.”

Turpin joins Arch Insurance from American International Group (AIG), where she most recently served as senior vice president, Midwest property and special risks and managed a substantial book of retail and wholesale business. Before joining AIG, she held a number of senior roles as a risk engineer and underwriter in both the US and European markets.




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More on this story

News
20 September 2017   Arch Capital Group has announced that as of October 1, 2017, Nicolas Papadopoulo will become chairman and CEO of Arch Worldwide Insurance Group and chief underwriting officer for property & casualty operations.
News
7 June 2018   Arch Capital Group is to expand the group’s underwriting operations in Ireland to ensure continuity of its operations across the European Union (EU) once the United Kingdom leaves the EU.
News
22 October 2018   Arch Insurance has revealed that Matt Shulman will assume the newly created role of chief executive officer (CEO), Arch Insurance North America, effective January 1, 2019.