Arch Insurance North America has named Jeff Kaufmann (pictured above) as executive vice president and head of Marine, effective July 7.
In this newly created position, Kaufmann will lead the development of the company’s US Marine insurance business, which will include both Ocean Marine and Inland Marine products. He will be based in New York and report to Valerie Turpin, chief underwriting officer for Property.
The new Marine unit marks an expansion of Arch’s specialty offerings in North America. Kaufmann will be responsible for building the underwriting team, defining the product strategy and growing the portfolio. The launch reflects Arch’s efforts to broaden its presence in lines where it sees opportunities for growth and specialized underwriting.
Kaufmann joins Arch from MSIG USA, where he was executive vice president and head of Marine. He has held a range of leadership roles in the sector and has experience in underwriting complex marine exposures, including product and form development for filed and non-filed coverages.
“Customers have been asking for more comprehensive Marine solutions and Jeff’s reputation and strong relationships with specialty producers throughout the US make him an ideal person to build out our offerings,” said Matt Schulman, CEO of Arch Insurance North America. “We see significant opportunity in this area and Jeff’s appointment is an important step in establishing Arch as a meaningful provider in this space.”
“Establishing a U.S. Marine practice at a company with Arch’s growth trajectory and reputation for bringing innovative solutions to its customers is an attractive opportunity,” he said. “I’m looking forward to working with Valerie and the rest of the Arch team to create a compelling Marine offering for Arch’s clients in North America.”
The move is part of Arch’s broader strategy to expand in targeted segments of the commercial insurance market. The company has made several recent investments aimed at enhancing its capabilities across underwriting, distribution, and product development in specialty areas.
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