Arch Insurance coverage Worldwide names new chief claims officer

Arch Insurance coverage Worldwide has introduced the appointment of Barbara Rizzi (pictured above) as chief claims officer, efficient instantly.

Rizzi, a seasoned skilled in claims administration and authorized observe, joined Arch in 2013 and most not too long ago held the place of head of third-party claims.

Her profession spans over twenty years and consists of stints at distinguished regulation corporations equivalent to Clyde & Co LLP and Kennedys Legislation LLP, the place she specialised in insurance coverage regulation. She is a professional solicitor in each England & Wales and Italy.

Moreover, Rizzi is lively in inner management because the co-chair of Arch’s UK Girls & Allies Community. This group promotes the profession development of girls inside Arch by offering networking alternatives, mentorship, and sponsorship.

In her new capability, Rizzi will oversee the claims operations and technique for the organisation, which encompasses the London Market, UK Regional Market, Australia, and the EU. Rizzi will likely be based mostly in London and can report on to not too long ago promoted Kirsten Valder, deputy CEO of Arch Insurance coverage Worldwide.

Valder praised Rizzi’s contributions and capabilities as she takes on this new function for the worldwide insurer.

“Barbara is a extremely revered chief and claims practitioner with deep authorized and technical claims experience,” Valder mentioned. “Over the previous decade, she has performed an integral function in elevating Arch’s claims efficiency and has demonstrated an unwavering dedication to delivering a constructive claims expertise for our clients and brokers. I’m certain that beneath Barbara’s management we’ll proceed to ship and improve our solution-focused and relationship-driven claims service.”

In different current developments, Arch Insurance coverage Worldwide’s mother or father firm, Arch Insurance coverage Group, additionally reported its monetary outcomes for the first quarter of 2024, revealing development throughout its segments.

“I’m particularly happy with the continued dedication of our Arch colleagues to delivering value-added options to our shoppers and companions on this ever-changing threat setting. This stage of onerous and good work bodes effectively for our future success to the good thing about our shareholders,” CEO Marc Grandisson mentioned.

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