Arch Capital Group Ltd. Appoints Alexander Moczarski to Board of Directors
06 Febbraio 2025 - 2:05PM
Business Wire
Arch Capital Group Ltd. (NASDAQ: ACGL) (“Arch” or the “Company”)
today announced Alexander “Alex” Moczarski has joined the Company’s
Board of Directors, effective immediately.
Mr. Moczarski previously served as Chairman of Marsh McLennan
Companies, International. He is a seasoned builder of businesses,
teams and relationships, with over 45 years of global insurance
experience. Over the course of his career, Mr. Moczarski held
leadership positions at Guy Carpenter & Company, LLC, various
international regional segments and divisions of Marsh McLennan and
AIG. Mr. Moczarski chaired Marsh India from 2016-2025, he was a
Global Director of the US India Business Council and he previously
served as Chairman of Blue Marble Micro, an impact insurance
incubator for the underserved. He is currently a Director of
Independent Diplomat, a non-profit advisory group.
John Pasquesi, Chair of the ACGL Board of Directors said,
“Alex’s proven leadership record, breadth of insurance knowledge
and global perspective will be a valuable addition to the Board’s
overall experience and capabilities. We are confident the insights
and contributions acquired during his career in the insurance
industry will support our mission of continuing to create long-term
value for Arch shareholders.”
Nicolas Papadopoulo, CEO of ACGL said, “As Arch becomes further
established as a market-leader, Alex’s deep knowledge of the
insurance industry, and his perspective as a prior leader in
international intermediation and client advisory, will be a welcome
resource. I look forward to working with Alex and the rest of the
Board as Arch continues to look towards the future.”
About Arch Capital Group Ltd.
Arch Capital Group Ltd. (Nasdaq: ACGL) is a publicly listed
Bermuda exempted company with approximately $25.0 billion in
capital at Sept. 30, 2024. Arch, which is part of the S&P 500
Index, provides insurance, reinsurance and mortgage insurance on a
worldwide basis through its wholly owned subsidiaries.
Cautionary Note Regarding Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a
"safe harbor" for forward−looking statements. This release or any
other written or oral statements made by or on behalf of Arch
Capital Group Ltd. and its subsidiaries may include forward−looking
statements, which reflect the Company’s current views with respect
to future events and financial performance. All statements other
than statements of historical fact included in or incorporated by
reference in this release are forward−looking statements.
Forward−looking statements can generally be identified by the
use of forward−looking terminology such as "may," "will," "expect,"
"intend," "estimate," "anticipate," "believe" or "continue" or
their negative or variations or similar terminology.
Forward−looking statements involve the Company’s current assessment
of risks and uncertainties. Actual events and results may differ
materially from those expressed or implied in these statements. A
non-exclusive list of the important factors that could cause actual
results to differ materially from those in such forward-looking
statements includes the following: adverse general economic and
market conditions; increased competition; pricing and policy term
trends; fluctuations in the actions of rating agencies and the
Company’s ability to maintain and improve its ratings; investment
performance; the loss of key personnel; the adequacy of the
Company’s loss reserves, severity and/or frequency of losses,
greater than expected loss ratios and adverse development on claim
and/or claim expense liabilities; greater frequency or severity of
unpredictable natural and man-made catastrophic events, including
the effect of contagious diseases on our business; the impact of
acts of terrorism and acts of war; changes in regulations and/or
tax laws in the United States or elsewhere; ability to successfully
integrate, establish and maintain operating procedures as well as
integrate the businesses the Company has acquired or may acquire
into the existing operations; changes in accounting principles or
policies; material differences between actual and expected
assessments for guaranty funds and mandatory pooling arrangements;
availability and cost to the Company of reinsurance to manage our
gross and net exposures; the failure of others to meet their
obligations to the Company; an incident, disruption in operations
or other cyber event caused by cyber attacks, the use of artificial
intelligence technologies or other technology on the Company’s
systems or those of the Company’s business partners and service
providers, which could negatively impact the Company’s business
and/or expose the Company to litigation; and other factors
identified in our filings with the U.S. Securities and Exchange
Commission (SEC).
The foregoing review of important factors should not be
construed as exhaustive and should be read in conjunction with
other cautionary statements that are included herein or elsewhere.
All subsequent written and oral forward−looking statements
attributable to us or persons acting on the Company’s behalf are
expressly qualified in their entirety by these cautionary
statements. The Company’s forward-looking statements speak only as
of the date of this press release or as of the date they are made,
and the Company undertakes no obligation to publicly update or
revise any forward−looking statement, whether as a result of new
information, future events or otherwise.
Source: Arch Capital Group Ltd. arch-corporate
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version on businesswire.com: https://www.businesswire.com/news/home/20250206662576/en/
Media Contacts: Greg Hare ghare@archgroup.com Stephanie
Perez stperez@archgroup.com
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