Insurance moves: Arch Capital, Sunstar, and Covered

Arch Capital gets a new board chair, Sunstar hires a COO, and Covered adds outside general counsel
Insurance moves: Arch Capital, Sunstar, and Covered
INSURANCE NEWS
By Mark Rosanes
Nov 13, 2026

Three insurance and insurtech organizations have announced leadership changes, spanning board governance, brokerage operations, and embedded insurance distribution.

Arch Capital appoints new board chair

Arch Capital Group has named Daniel J. Houston (pictured, left) as chair of its board of directors, succeeding John M. Pasquesi, who has held the role since September 2019 and has served as a director since October 2001. Pasquesi remains on the board and will stand for re-election at the company’s 2027 annual general meeting.

Houston joined Arch’s board in August 2024. He is the former president, CEO and chair of Principal Financial Group. He joined Principal in 1984, became president and CEO in August 2015 and was named chair in May 2016. He stepped down as CEO on January 7, 2025, and left the Principal board in September 2025.

At Arch, he also takes over as chair of the executive committee, while Brian S. Posner joins that committee alongside his existing roles and Francis Ebong becomes chair of the compensation and human capital committee.

Arch Capital, listed on Nasdaq under ACGL and a constituent of the S&P 500, had approximately $27.3 billion in capital at September 30, and writes insurance, reinsurance and mortgage insurance globally. Houston brings decades of experience running a diversified financial services organization through regulatory and capital markets complexity, which is relevant as Arch continues to scale across its three main segments.

Sunstar names COO from Alera Group

Sunstar Insurance Group, one of the country’s top 30 independent brokers, according to the company, has hired Kyle Samuel (pictured, center) as chief operating officer. He joined effective November 9, and reports to chief executive officer Adam Meyerowitz.

Samuel brings more than three decades of experience across insurance brokerage and financial services. He was most recently COO at Alera Group, and before that held the same role at McGriff, as well as serving as president of M&T Insurance Agency. He has also held senior positions at USI Insurance Services, Wells Fargo Insurance Services and Aon Risk Solutions.

Sunstar, backed by Reverence Capital Partners, says it has more than 900 employees across nine states and places over $2 billion in premiums annually. The firm has been acquiring regional agencies steadily, including its expansion into Minnesota with the RJR Faribo acquisition earlier this year.

Samuel’s mandate is to build the unified operating infrastructure that lets those acquired businesses function cohesively. For agencies considering a partnership with or acquisition by Sunstar, an experienced COO who has integrated books at scale is a signal that the firm’s growth model extends beyond deal count.

Covered Insurance Solutions adds outside general counsel

Covered Insurance Solutions, a Denver-based digital insurance platform built for the mortgage industry, has brought in Blake Gibson (pictured, right) as outside general counsel through his firm Gibson Counsel PLLC.

Gibson spent more than a decade in senior legal and operating roles at companies central to the US mortgage technology stack. He served as general counsel and chief operating officer of Dark Matter Technologies, a fintech that launched with more than 1,300 employees and, according to Covered’s announcement, connected more than 17,000 vendors with hundreds of lenders. Before that, he was deputy general counsel of Black Knight, where he led commercial legal and mergers and acquisitions work including the company’s sale to Intercontinental Exchange. At Dark Matter, he also oversaw a generative AI rollout to more than 850 users.

At Covered, he will oversee carrier and partner agreements, commercial transactions, licensing, privacy and AI governance. Covered says its platform now reaches nearly 50 percent of US mortgage origination volume through point-of-sale partnerships and covers more than 10 million servicing loans, with a carrier network of more than 80 providers.

Gibson’s background in mortgage technology contracts and AI governance positions him to manage the legal complexity that comes with operating at that scale, including an increasingly active regulatory environment around embedded insurance and AI-driven distribution. Agents and brokers placing homeowners insurance through mortgage channel referrals interact with platforms like Covered’s, and legal stability at that layer matters for how reliably those partnerships hold.

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