Arch Insurance North America has announced the appointment of five division presidents, effective August 1. The new division presidents are:
- Linda Fallon: Division President, Consumer Business, overseeing the Travel, Accident & Health unit and Warranty and Lenders Solutions unit
- Mark Lange: Division President, Middle Market and Entertainment
- Justin Psaki: Division President, Financial, Professional and Programs, which includes management liability, professional liability, cyber, and P&C Programs unit
- Rich Stock: Division President, Casualty and Surety
- Valerie Turpin: Division President, Property and Marine
All five division presidents will report directly to Brian First, president of Arch Insurance North America, part of Arch Capital Group. According to First, the restructuring into five divisions reflects the company’s substantial growth over the past five years, with each of the appointed leaders playing a significant role in this expansion.
“The alignment of our business units into these five divisions reflects the tremendous growth that Arch Insurance North America has experienced in the past five years,” First said. “Each of these Arch leaders has played a meaningful role in that expansion.”
This strategic reorganization aims to enhance the company’s operational efficiency and market presence across various insurance sectors.
