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Arch Capital announced the opening of two new global capabilities centers in Trivandrum and Pune, India, with a third in Hyderabad coming soon.
A spokesperson said, “The new offices will serve as workplaces for more than 350 employees. These global capabilities centers will enhance Arch’s ability to service its Insurance, Reinsurance and Mortgage Insurance businesses, while enabling the company to tap into India’s highly skilled talent pool in areas such as analytics, technology and operations.”
“We’re proud to establish a presence in India, a country with remarkable professional talent and a growing role in the global insurance ecosystem,” said Prashant Nema, Deputy Chief Operations Officer at Arch. “These offices will help us scale key capabilities, strengthen service delivery for business operations around the world and drive innovation across Arch.”
The spokesperson said, “Khaitan & Co. served as Arch’s legal advisor in the establishment of these global capabilities centers. Arch partnered with ANSR Inc. — a U.S.-headquartered firm that helps companies build and manage high-impact global teams in talent-rich locations around the world — to set up these global capabilities centers and position them for long-term success.”
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