Arch Reinsurance (Arch Re) has promoted Crystal Doughty to chief underwriting officer, property and William Soares to chief underwriting officer, casualty.
Both will report to Jerome Halgan, CEO of Arch Re.
Doughty joined Arch in 2021 as senior property underwriter and has been leading several of Arch Re’s insurance-linked securities initiatives. Previously, Doughty spent 15 years with Markel in various underwriting and actuarial roles.
Since joining Arch Re in 2006, Soares has held a variety of senior underwriting roles. He most recently served as head of casualty and specialty.
Matthew Dragonetti, president of Arch Re, will also expand his existing responsibilities to include leading client-centric initiatives across Arch Worldwide Reinsurance Group.
Dragonetti helped found Arch Re in 2001 and has been its president and head of property since 2017.
Pierre Jal, who serves as global chief underwriting officer for Arch Re Ltd has assumed the additional role of chief underwriting officer for Arch Reinsurance Europe (Arch Re Europe).
Based in Zurich, Jal will oversee underwriting strategy across both Arch Re and Arch Re Europe.
Halgan comments: “I want to congratulate Crystal and William, both of whom have been critical to the success of Arch Re. I am looking forward to working with them as we strive to meet the needs of our customers and grow our Bermuda platform.”
He adds: “I am also excited to draw on Matt’s and Pierre’s experience and leadership as we advance several strategic initiatives across the reinsurance group.”