Arch Insurance names new managing director for UK | finance news
A unit of Arch capital group, Arch Insurance Worldwide, has promoted Mike Bottle to the position of managing director for its UK Regional Division, efficient instantly.
This transfer follows Steve Bashford’s retirement from the position of chief government of the UK Regional Division.
Bottle’s main tasks will embrace main Arch’s community of UK regional places of work and spearheading strategy and distribution for the division.
He beforehand held the place of senior vice-president of strategy and distribution for the UK Regional Division.
Bottle will collaborate with Stuart Danskin, director of underwriting, and Vicky Rowlay, national director of business transformation, to ship the company’s growth ambitions.
He’ll report on to Arch Worldwide deputy CEO Kirsten Valder.
Bottle joined Arch in 2019, having beforehand served as managing director of Axiom Underwriting Company.
Valder stated: “Mike is the natural successor to lead the UK Regional Division. He is highly respected by the broking market and has been integral to the impressive growth of the business. Under his leadership, we will continue to build on our momentum, strengthen our broker-focused approach and develop new solutions to respond to the evolving needs of our customers.”
Arch Insurance Worldwide CEO Hugh Sturgess stated: “I would like to take the opportunity to thank Steve for his unwavering dedication over the last six years to making the UK Regional Division a leading carrier for our broker partners and mutual clients.
“Under his leadership, the team has developed a strong brand presence and reputation for quality underwriting and market-leading service.”
This follows the promotion of Robin Hamilton to go of power and marine legal responsibility and Rory Thompson and Marie-Claire Bessada as heads of London market, each of whom beforehand managed the final legal responsibility portfolio.
Earlier this month, Arch Insurance (EU) promoted Duncan Smith to the place of CEO.
“Arch Insurance names new managing director for UK Regional Division ” was initially created and revealed by Life Insurance Worldwide, a GlobalData owned model.
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