Arch Insurance coverage Worldwide (Arch) has appointed Kirsten Valder as the brand new chief administrative officer and Jason Kittinger as the brand new chief working officer, efficient on June 30, 2021.
Valder has served because the insurer’s chief claims officer since 2015. Earlier than becoming a member of Arch, she served as a associate at Kennedys Regulation LLP. In her new position, her remit will span claims, authorized, human sources, compliance, and threat.
In the meantime, Kittinger is a extremely skilled chief monetary officer who has been with Arch since 2006. As the brand new chief working officer, he’ll oversee the corporate’s finance, operations, services, and procurement areas. He may even proceed serving because the chief monetary officer.
Commenting on the important thing appointments, Arch chief government officer and president Hugh Sturgess stated: “At Arch, the power of our groups and caliber of people, mixed with proactive succession planning, allows seamless transitions. Kirsten and Jason are standout practitioners of their respective fields, and their depth of expertise can be central to success of their new roles.”
These newest appointments are a part of Arch’s long-term succession planning. Dennis Model, the present chief working officer at Arch who has 40 years of insurance coverage expertise and has been with the corporate for 17 years, revealed that he’ll step again from the place however stay within the firm in an advisory position.
Commenting on Model’s time with Arch, Sturgess stated: “Dennis has been an integral a part of Arch’s achievements over the past 17 years, serving to construct the foundations upon which our future progress is secured. We thank him for his unimaginable contribution to the position of COO.”