NEW YORK–Arch Insurance Group, a member of Arch Capital Group Ltd., announces the following: Matthew Parsons has joined Arch Insurance Group as the Regional Vice President for Arch Insurance Group’s US Construction division for the Western Region effective January 1, 2017. Mr. Parsons will be based in our San Francisco office and will be responsible for managing all aspects of our Construction business in the Western region.
Mr. Parsons was most recently the Underwriting Manager – National Insurance Construction for Liberty Mutual in San Francisco. Prior to that, Mr. Parsons held various positions within Liberty Mutual in Boston and Washington, DC underwriting construction risks including OCIPs and CCIPs and other commercial casualty risks. He is a graduate of James Madison University in Virginia with a BS in Political Science & Public Administration.
Commenting on Mr. Parsons hiring, Brian Shea, Senior Vice President of Arch’s Construction division said, “We are excited to add Matt to our Construction team. He comes to us with high regards from the brokerage community which will help us build deeper relationships with customers and our key distribution partners.”
Arch Insurance Group’s (US) Construction division has assembled a team of dedicated professionals who possess a deep knowledge of the construction industry, including underwriting, actuarial, risk control and claim services support devoted to this specialty. The Construction team works with the large account buyer seeking specialized expertise for its business. They provide a variety of risk management solutions for general liability, automobile and workers’ compensation. As a specialty market, the Construction division is uniquely situated to meet the needs of the commercial construction contractor.
About Arch Insurance Group Inc.
Arch Insurance Group Inc. is a member of Arch Capital Group Ltd., a Bermuda-based company that provides insurance and reinsurance on a worldwide basis through its wholly owned subsidiaries. For more information, visit www.archcapgroup.com./insurance/regions/United-States.
Insurance coverage is underwritten by one or more member companies of Arch Insurance Group in North America, which consists of Arch Insurance Company (a MO corporation, NAIC # 11150), Arch Specialty Insurance Company (a NE corporation, NAIC #21199), Arch Excess & Surplus Insurance Company (a NE corporation, NAIC # 10946) and Arch Indemnity Insurance Company (a NE Corporation, NAIC #30830). Executive offices are located at One Liberty Plaza in New York City 10006. Not all insurance coverages or products are available in all jurisdictions. Coverage is subject to actual policy language. This information is intended for use by licensed insurance producers.