JERSEY CITY, N.J.–(Business Wire)–Arch Insurance (Arch) today announced that Jeff Ray has joined the Company as Senior Vice President for Accident & Health. Ray brings over 35 years of experience establishing and leading Accident & Health businesses and will report to Linda Fallon, Executive Vice President of Arch’s Travel & Accident business unit.
“We are excited to add Jeff to our team as we look to further grow our Accident & Health business,” said Fallon. “His industry expertise and proven track record in business development, distribution and management will help to broaden our position in the marketplace.”
Ray has a long history of successful leadership roles in the Affinity market. Prior to joining Arch, Ray served as Senior Partner, Affinity Markets leader at Mercer; Head of Affinity and Educational Markets at AIG; and Senior Vice President and Affinity Services Business Unit Leader at Transamerica. His career also includes executive roles at Selman & Company and as a Managing Director at Marsh.
“Arch Insurance has a demonstrated history of innovation and growth,” said Ray. “I’ve been impressed with the recent successes across Arch’s portfolio of businesses and am looking forward to working with the team to drive growth in A&H.”
About Arch Insurance North America
Arch Insurance North America, part of Arch Capital Group Ltd., includes Arch’s insurance operations in the United States and Canada. Business in the U.S. is written by Arch Insurance Company, Arch Specialty Insurance Company, Arch Excess & Surplus Insurance Company and Arch Indemnity Insurance Company. Business in Canada is written by Arch Insurance Canada Ltd.
About Arch Capital Group Ltd.
Arch Capital Group Ltd., a Bermuda-based company with approximately $12.89 billion in capital at Sept. 30, 2019, provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly-owned subsidiaries.
Cautionary Note Regarding Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. This release or any other written or oral statements made by or on behalf of Arch Capital Group Ltd. and its subsidiaries may include forward-looking statements, which reflect our current views with respect to future events and financial performance. All statements other than statements of historical fact included in or incorporated by reference in this release are forward-looking statements.
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The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with other cautionary statements that are included herein or elsewhere. All subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by these cautionary statements. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.