13 May 2020Insurance

Arch creates chief strategy role to bolster business growth

Arch Insurance International, part of Arch Capital Group, has promoted Simon Williams to the newly created position of chief strategy & distribution officer.

Williams will be responsible for generating and implementing innovative strategies to bolster business growth. He will assist in the alignment and development of the company’s strategic objectives across the business, including underwriting, distribution, business development, marketing and communications.

His areas of focus will include maintaining and developing key strategic partnerships and initiatives with brokers; boosting Arch Insurance International’s market profile and relevance; and enhancing collaboration across Arch to further expand its global platforms.

Williams has over 35 years of industry experience. He joined Arch Insurance International in 2018 as senior vice president, strategy and distribution. Prior to that, he spent 22 years at Hiscox, most latterly as a partner and head of marine & energy and wordings.

Hugh Sturgess, president and chief executive officer, Arch Insurance International, said: “Our decision to establish this role reflects the considerable growth — both organic and through acquisition — that has been achieved by Arch Insurance International in recent years. It is vital that we achieve strategic alignment across our activities Simon is a clear fit for this role given his previous experience and his pivotal contribution to our acquisition of Barbican Group Holdings Limited in 2018. I am confident that he and the team will play a central role in helping to set our strategic direction and support our continued growth.”

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