Author Archives: arcAdmin
Dana Cavallaro Promoted to General Counsel
ARC Excess & Surplus, LLC is pleased to announce that Dana Cavallaro has been promoted from Corporate Counsel to General Counsel. As General Counsel, Dana will continue to oversee ARC’s legal strategy, compliance and corporate governance.
Shiraz Saeed Named Senior Vice President, Product Leader – Cyber & Technology Risk
ARC has hired Shiraz Saeed as Senior Vice President, Product Leader – Cyber & Technology Risk. Shiraz has 15 years’ experience in the underwriting, distribution and development of Cyber Insurance in various roles throughout his career. Shiraz will be a resource for ARC Brokers internally and our retail brokers and insureds externally in the placement […]
Impact of CrowdStrike Software Update Outage
We are writing to inform you about a significant issue stemming from a recent CrowdStrike software update, which has resulted in widespread outages affecting millions of Microsoft Windows users globally.
Valerie Mayer Named Chief Financial Officer of ARC Excess & Surplus, LLC
ARC has hired Valerie Mayer to assume the position and duties of Chief Financial Officer. Valerie comes to ARC with over 25 years of experience where she was last the CFO of Allied Physicians Group, a physician lead pediatric group with 35 locations. Valerie built the Allied Physicians Group’s accounting department from the ground up […]
Cheers to 38 Years!
Please join all of us at Arc Excess & Surplus as we celebrate another milestone – 38 years of quality service for our clients! Our success and longevity could not be possible without the hard work and dedication of everyone at ARC. And with 10 locations around the country, there is no one better to […]
Understanding How Insurance Covers Fraudulent Wire Transfers
Originally published on November 14, 2019 by Chris Quirk Fraudulent wire transfers are an unfortunate reality in today’s business world, and as a result, many companies are now turning to insurance to help protect against these losses. The good news is that fraudulent wire transfers can be insured and the coverage is readily available at […]
The Hammer Clause – What Is It and When Is It Important?
Originally published on July 30, 2020 by Chris Quirk What is the Hammer Clause? The hammer clause is a coverage condition found in many management and professional liability policies. It works to cap the liability of the Insurance Company in the event that plaintiff offers you a settlement, but you reject it and continue defending. […]
Understanding How Preambles Affect Insurance Policies
Originally published on October 12, 2019 by Chris Quirk What are Preambles? Preambles are the clauses in a policy that determine the scope of coverage being provided or excluded. In Executive & Professional Liability policies, they are often the most important clauses in the whole document. More money has been paid or denied to insureds […]
Understanding Retro, Continuity, Pending and Prior Dates
Originally published on August 31, 2019 by Chris Quirk Retro/Continuity/Pending and Prior Dates – What Are They? These dates are your policy’s way of enforcing the basic principle of insurance that you cannot insure a known loss. In the insurance world, there is a common saying: ““you cannot buy fire insurance on a burning building.” […]
Our 2023 Scentsy Buddy Drive Donation Was a Success!
Again, another successful year for the Scentsy Buddy Donation! Robin Valerio from our Mid-Atlantic office spearheads an annual drive to collect Scentsy Buddies for children in the hospital. This year we reached our goal and were able to collect 300 buddies for the children at St. Christopher’s Hospital of Philadelphia.
