Arch partners with American Specialty to offer customised insurance

Arch Insurance Group, a member of Bermuda-based Arch Capital Group, has entered into an exclusive underwriting partnership with American Specialty Insurance and Risk Services to offer customised insurance programmes for the sports, recreation and entertainment industries.

“American Specialty is a recognised leader in the sports, recreation and entertainment industries and fits the profile of the top-tier programme administrators highly valued by Arch,” according to Mark Lange, senior vice president of Arch’s property/casualty programmes.

“We expect a long-term partnership given their outstanding reputation, established underwriting expertise, specialised service and technology capabilities and an exceptional, seasoned leadership team.”

Drew Smith, president of American Specialty, said: “We are so pleased to have partnered with Arch Insurance. Arch’s experience and long-term commitment to programmes.

“Our insurance programme will be enhanced and expanded through this partnership, allowing us to offer additional products and programmes to our 1,000+ retail insurance agency and broker partners located throughout the US.

“A new programme for ice rinks, broader property insurance capabilities, and workers compensation coverage are just a few of the expansions our agents and brokers can expect from American Specialty.”