Arch Insurance International, part of Arch Capital Group Ltd., has announced the appointment of Simon Williams to the position of active underwriter for Syndicate 1955.
He will be supported by David Slade who has been confirmed as deputy active underwriter, having held the position when Syndicate 1955 was part of Barbican Insurance Group.
In this role, Williams will be responsible for the “overall strategic development” of Syndicate 1955 focusing on measures to further enhance profitability and strengthen the Syndicate’s market position. This role aligns and combines with his current role as chief strategy and distribution officer for Arch Insurance International.
Williams is a highly experienced insurance practitioner. He joined Arch Insurance International in 2018 as senior VP, strategy and distribution. Prior to this he spent 22 years at Hiscox, most latterly as divisional head of marine and energy as well as head of Wordings.
Slade joined Syndicate 1955 in 2013, having previously been deputy head of global property for Travelers Syndicate.
Hugh Sturgess, president and CEO, Arch Insurance International, said: “Simon has achieved considerable success since joining Arch. Due to his expansive skill-set and considerable market experience, supported by the extensive resources provided by Arch Capital Group.
“I am very confident that he will deliver on the targets that we have set for Syndicate 1955. With David as deputy active underwriter, bringing over 25 years of insurance market experience to the position, we have a formidable level of underwriting talent at the helm of the Syndicate and I have no doubt that it will continue to flourish under their leadership.”