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Insurance Insider - Behind the Headlines
Get the inside scoop on the major stories shaping the London Market through discussions with the journalists who broke them with insights from industry professionals on what these developments mean for the (re)insurance sector.
Insurance Insider - Behind the Headlines
Behind the Headlines: Arch’s Hugh Sturgess on the ‘win, win, win’ of facilities
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With cross class facilities having proliferated in London in recent years, how will these structures fare in the next phase of the cycle?
Arch has been a major participant in this corner of the market, and Arch Insurance International CEO Hugh Sturgess is optimistic about the long-term performance of the structures.
He told Behind the Headlines that facilities are a major net benefit for London, achieving vital efficiency gains and brining new business into the market.
In a wide-ranging discussion, he also charts how the company has grown across Europe, and how Arch put the groundwork in early to establish a strategy for the softening market conditions.
And for this week’s news discussion, Insurance Insider’s Abbie Day tackles the complex emerging issue of silent AI.