Arch Insurance Group’s Contract Binding Operations Launch Excess Liability Capacity
Arch Insurance Group, a subsidiary of Arch Capital Group Ltd., has increased limits of up to $5 million on its general liability coverage in the newly-formed Contract Binding Operations.
The Arch Contract Binding Operations unit, which started operations earlier this year, currently offers general liability to select and difficult-to-place small and medium size commercial customers through a selected network of wholesalers countrywide.
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.