Arch Insurance Canada
Arch Insurance (Canada) was established as a branch of the parent Bermuda based company ACGL in Canada during 2005. Licensed by Arch Insurance Company the branch in Canada established itself as a commercial property and casualty insurer in all provinces and territories. It is licensed to transact all commercial lines of insurance in every Province and Territory in Canada. Arch Insurance (Canada) headquarters are located in Toronto with a service office in Montreal. |
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Mr. Gordon D. Kerr, CEO and Chief Agent for Arch Insurance (Canada) assumed responsibility for the entity in 2008. Everyday activities include business planning, growth strategies, profit initiatives, outlining and meeting objectives as well as overseeing a highly skilled team of underwriting, risk engineering and claims professionals.
Arch Insurance (Canada) has many global clients headquartered here in Canada. We have the ability to offer options of writing US risks (licensed or admitted covers) and international risks.
Our local underwriting expertise is one of our core strengths and we offer an array of product offerings to compliment those professionals. That staff is tenured and offer creative “out of the box” solutions not readily found elsewhere. We continuously feel the pulse of the market and conditions which enable us to react and offer new products and lines of business in response to such demand. These key principals of our business are the cornerstones of our expansion of our brand.
Key product lines:
Canadian Market Overview and Business Strategy
The top 100 property and casualty (P&C) companies in Canada generate $38 bb annually* in gross written premium. Nearly half that $38 bb is considered personal lines business such as homeowners and really automobile insurance. The commercial specialty insurance market in Canada owns annual premiums of just over $10 bb annually. Foreign insurers, like Arch Insurance (Canada) who operate as branches of foreign entities, participating in the Canadian market account for 60% of those annual commercial specialty premiums.
The P&C market in Canada is highly segmented. Arch Insurance (Canada) is focused on providing specialty insurance products through licensed brokers to sophisticated clients who have large and complex risk transfer requirements. Arch Insurance (Canada) has a diverse and experienced compliment of senior members of the Canadian P&C industry who are each focused upon delivering client-focused solutions and working in a professional and collaborative manner.
* page 16, Top Broker Annual Statistical Issue – 2011
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