Arch Insurance Group, a member of Arch Capital Group, has formed a new energy division, Arch Worldwide Energy, which will harness all property/casualty energy related capabilities in Arch through one dedicated unit to heighten its response to evolving energy needs worldwide.
Arch Worldwide Energy will be led by Thomas Kaiser, executive vice president at Arch Insurance Group. The new division combines the expertise of Arch’s onshore energy, offshore energy, construction all risk, erection all risk, and energy casualty into one unit. The Arch Worldwide Energy client base includes clients from oil, gas, petrochemical, chemical, power generation, pulp and paper, mining and steel industries. Clients can access these services in the US, Canada and London.
Ralph Jones, chairman and CEO of Arch Insurance Group, said: Arch Insurance Group has always offered expertise in energy, but this strategic group completely dedicated to the issues of the energy market will drive high quality risk solutions on a worldwide basis.