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25 October 2023 Insurance

Arch sets sights on European expansion with cyber experts

Arch Insurance Group, part of Bermuda-based re/insurer Arch Capita, has tapped senior cyber executives from AXA XL and Bessé to grow its European cyber insurance portfolio.

Sergio Pierro (pictured right) has been appointed as senior cyber underwriter and Roxanne Deslandes (pictured left) as cyber underwriter, effective immediately.

Based in Paris, Pierro’s key responsibilities—working closely with Deslandes—are to establish the company's operations in France and grow its European cyber insurance portfolio, writing both primary and excess coverage for multinational organisations.

Pierro is a cyber insurance practitioner who joins Arch from AXA XL, where he was most recently underwriting manager, cyber. Before that, he was a cyber and professional indemnity underwriter at XL Catlin beginning in 2008.

Deslandes joins from Bessé, where she was a member of the cyber risk advisory team. Her extensive cyber expertise spans insurance, broking, and cybersecurity advisory, and she has previously held roles at Marsh, Airbus, and Thales.

The move follows the recent appointments of Jose Carlos Jiménez Fernández and Rafael Ortiz Losada as senior cyber underwriters in Madrid, Spain.

Matthew Brophy, chief underwriting officer of Arch Insurance (EU), said: “Sergio has a wealth of experience within the French insurance market and is ideally placed to launch our operations in Paris, working closely with Roxanne to grow our cyber portfolio. Their combined depth of expertise and broker relationships will be essential as we continue to build our service proposition and establish Arch as a leading carrier within Europe.”

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