William J Sutton & Company Ltd
Announce Business Relationship
William J Sutton & Company Ltd announced today an agreement with Arch Insurance Company to underwrite a portfolio of special risk accident insurance in both the United States and Canada. Effective immediately, William J Sutton & Company Ltd is authorized to provide specialty coverages on behalf of Arch Insurance Company, A.M. Best rated A (Excellent), Financial Size Category XV ( $2 billion or more).
“Our relationship with Arch affords us expansion opportunities in both the United States and Canada while providing our customers with outstanding financial security,” said Greg Sutton, Executive Vice President and Chief Operating Officer. “This relationship will enable us to continually grow our business model in the years to come.”
“We are pleased to enter this relationship with William J Sutton & Company with its history of sound underwriting expertise and commitment to quality customer service,” said William Beardsley, Senior Vice President, Arch Insurance Group. “William J Sutton & Company’s innovative business philosophy is the perfect complement to Arch.”
About William J Sutton & Company
Founded in 1978, William Sutton & Co. initially specialized in providing insurance products and services to respond to the unique needs of professional sports teams and athletes. Over time, the company has developed into a broad Specialty Accident & Health Underwriter, offering Special Risk coverage's for many diverse clients and risks.
Arch Insurance Company (a Missouri corporation, NAIC # 11150) is licensed in all states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands and each province and territory of Canada except Prince Edward Island, with admitted assets of $1.53 billion, total liabilities of $975 million and policyholders' surplus of $549 million. All figures are based upon March 31, 2008 statutory financial statements.
