Michael Cavallaro joined ARC in 1992 and became an Officer and Partner at ARC Excess & Surplus in 2002. In 2021, he became the Chief Executive Officer of the Company and is responsible for managing the day-to-day operations of the organization, where ARC writes over $1 Billion in Premium and has over 200 employees with seven offices and focuses on the placement of Management & Professional Liability Insurance Products.
His duties include managing the company as well as managing a book of business with a team of brokers and administrative people that service accounts he is directly involved in producing. His focus is in dealing with relationships with brokers, insureds and insurance companies, and other business partners and setting the direction for the company in terms of marketing and operations. He has been handling Management and Professional Liability in his 31 years at ARC and worked at AIG from 1985 to 1990 and then Gulf Insurance Company from 1990 to 1992.
The singular emphasis on Management and Professional Liability with a heavy focus on D&O Insurance has allowed him to gain substantial experience and expertise in placing Management and Professional Liability Insurance and providing clients with valuable advice when making decisions regarding these lines of coverage. He has written various articles during his career, including the following white papers: Directors and Officers Liability – What to Know, From a Broker’s Perspective. A D&O Broker’s Dilemma: Who Do We Represent? and Summary of the State of the Directors & Officers Insurance Marketplace.
From 2001 through 2004, he was the co-chair of the Professional Liability Underwriting Society (PLUS) D&O Liability and Insurance Issues Symposium, one of the most well-known and attended conferences regarding Directors and Officers Liability Insurance. From 2016 – 2017, he served as the Chairman of the Eastern Chapter of PLUS, and in 2018, won the PLUS Founders Award for outstanding contributions to PLUS.
Michael Cavallaro graduated with magna cum laude honors from City College of New York (CCNY), where he received a Bachelor of Engineering (Electrical Engineering) and a minor in Mathematics. Michael has received the Registered Professional Liability Underwriter (RPLU) designation granted by the Professional Liability Underwriting Society (PLUS).
