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Arch Insurance Launches Proactive Cyber Insurance Solution: Arch CyPro
The launch highlights Arch's position as a leader in the primary cyber insurance market. NEW YORK--(BUSINESS WIRE)-- Arch Insurance announces Arch CyPro, a
About this update from Arch Capital Group Ltd.
[{"type":"text","content":"\nThe launch highlights Arch's position as a leader in the primary cyber insurance market.\n\n\n NEW YORK--(BUSINESS WIRE)--\nArch Insurance announces Arch CyPro, a pioneering cyber insurance solution designed to proactively safeguard businesses in an environment of rapidly evolving cyber threats.\n\n\n\"Arch CyPro is our solution for the dynamic and ever-growing threats of cyber risks. With a strong financial foundation and a reputation for consistent underwriting excellence, we aim to redefine what brokers and policyholders can expect from a cyber insurance policy.\" said Marilyn Marshall, Executive Vice President, Professional Liability and Cyber at Arch Insurance.\n\n\n\"Our dedicated claims experts and customizable policies available in all 50 states position us as a front-runner in this space. But what sets Arch CyPro apart is our solution-first mindset and emphasis on proactive risk management.\"\n\n\nArch CyPro is powered by the Arch Cyber Risk Engineering Team (ACRE), a specialist cyber team integrated into every stage of the underwriting process. ACRE brings advanced analytics, rapid decision-making and individual risk guidance to the table.\n\n\n\"We've also aligned with strategic cybersecurity risk management service partners to assist in the implementation of critical controls for our policyholders to enhance their cyber security maturity.\" added Jamie Schibuk, Executive Vice President, Professional Liability and Cyber.\n\n\nArch CyPro will be distributed through current broker relationships, ensuring a targeted and streamlined process for existing and potential policyholders. To learn more, visit archinsurance.com/cypro.\n\n\nAbout Arch Insurance North America\n\n\nArch Insurance North America, part of Arch Capital Group Ltd., includes Arch’s insurance operations in the United States and Canada. Business in the U.S. is written by Arch Insurance Company, Arch Specialty Insurance Company, Arch Property & Casualty Insurance Company and Arch Indemnity Insurance Company. Business in Canada is written by Arch Insurance Canada Ltd.\n\n\nAbout Arch Capital Group Ltd.\n\n\nArch Capital Group Ltd. (Nasdaq: ACGL) is a publicly listed Bermuda exempted company with approximately $17.4 billion in capital at June 30, 2023. Arch, which is part of the S&P 500 Index, provides insurance, reinsurance and mortgage insurance on a world...