New chief risk officer for Arch Insurance International
Arch Insurance International, part of the Bermuda-based Arch Capital Group Ltd, has appointed Tom Rivers as chief risk officer.
The company said that Mr Rivers has extensive enterprise risk management and regulatory experience in corporate actuarial and risk-management roles, gained over a 20-year career working in the insurance sector.
He joins from Axis Managing Agency, where he was chief risk officer for nearly five years. Before that he was chief risk officer at Novae Group and previously held senior actuarial roles at PwC.
Hugh Sturgess, CEO of Arch Insurance International, said: “Tom is a highly respected authority on risk management. His extensive experience in embedding robust risk cultures and using a holistic view of landscape to guide strategic-level risk decisions is a welcome addition to our senior management team.
“I look forward to working with him to support the delivery of the business’s long-term needs and ambitions.”
Arch Insurance International includes Arch Insurance UK and the P&C insurance operations of Arch Insurance (EU) dac, as well as Arch’s insurance operations in Europe, Bermuda and Australia.
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