As part of Arch Insurance Europe underwriting platform
Arch Underwriting at Lloyd’s has opened new Australian office as part of the Arch Insurance Europe underwriting platform.
The company said that its new office in Australia is managed by Adam Matteson, regional director Australasia, with an initial focus on commercial property business. Adam most recently held national responsibility for Munich Re’s property product in Australia.
James Weatherstone, president and CEO of Arch Insurance Europe, said: “The establishment of an Arch owned and managed underwriting platform in Sydney is a significant development for our Lloyd’s syndicate. Our intention is to develop a book of indigenous commercial property business which is not typically seen by the London market. With Adam on board, we have a skilled technical underwriter with over 20 years experience in the Australian market.”
Headquartered in Sydney, Arch Underwriting at Lloyd’s (Australia) is a service company that is part of the Arch group of companies. It has authority to enter into contracts of insurance on behalf of the Lloyd’s underwriting member of Lloyd’s syndicate 2012, managed by Arch Underwriting at Lloyd’s.