Arch Creates P&C, Professional Liability Underwriting Units

New York-based Arch Insurance Group has established two principal underwriting groups in its U.S.-based operations: the Arch
Property & Casualty Group and the Arch Financial & Professional Liability Group.

Michael Murphy has been named president of the Property & Casualty group. Murphy, who has 20 years of experience in specialty lines, joined Arch in 2002 and served most recently as a senior executive vice president of Arch Insurance Group.

David McElroy will serve as president of the Financial & Professional Liability group. In addition, Arch has named John Rafferty as head of the Executive Assurance division of the Financial & Professional Liability Group. Rafferty most recently led The Hartford’s Financial Products division.

Source: Arch Insurance Group