Arch Insurance International has promoted Simon Williams from senior vice president of strategy & distribution to the newly created position of chief strategy & distribution officer, with immediate effect.
As the chief strategy & distribution officer, Williams will be responsible for constructing and implementing strategies to boost business growth, including partnerships with brokers, improvement of the company’s market profile and relevance, and expansion of the company’s global platforms. He will also take part in the development of Arch’s strategic objectives across the business, including distribution, business development, marketing and communications, and underwriting.
Williams has more than 35 years of experience in the insurance sector. Before joining Arch in 2018 as the senior vice president for strategy and distribution, he spent 22 years as a partner and head of marine & energy and wordings at Hiscox. He also served as the chairman of the Joint Rig Committee (JRC) and the International Union of Marine Insurance (IUMI) Energy Committee.
Hugh Sturgess, the president and chief executive officer of Arch Insurance International, commented: “Our decision to establish this role reflects the considerable growth – both organic and through acquisition – that has been achieved by Arch Insurance International in recent years.
“It is vital that we achieve strategic alignment across our activities. Simon is a clear fit for this role, given his previous experience and his pivotal contribution to our acquisition of Barbican Group Holdings Limited in 2018. I am confident that he and the team will play a central role in helping to set our strategic direction and support our continued growth.”