Arch Global Services India Opens New Office in Trivandrum to Drive Innovation
New Location, Combined with Recent Hyderabad Opening, Reinforces Arch’s Commitment to Becoming a Meaningful Employer in
TRIVANDRUM,
Home to nearly 350 employees, the 26,000-square-foot space — with the potential to expand by an additional 17,000 square feet — reinforces Arch Global Services India’s commitment to establishing a long-term presence in
Arch Global Services India is a wholly owned subsidiary of Arch Capital Group Ltd. (NASDAQ: ACGL), a global provider of insurance, reinsurance and mortgage insurance and member of the S&P 500. This office opening — in addition to the recent opening of a technology-focused office in
Arch Global Services India’s new offices, located in the Niagara building, are designed to encourage creativity and innovation. The offices feature cutting-edge workspaces, collaborative areas to foster engagement and teamwork, and training facilities to help employees sharpen their skills.
“When we decided to establish a presence in
The new office was inaugurated by Hon'ble Industries Minister, Shri P. Rajeev in the presence of Special Secretary – Electronics & IT, Shri Seeram Sambasiva Rao, underscoring the impact Arch’s investment in Trivandrum will have on the community. The ribbon-cutting and lamp-lighting ceremony, attended by Arch Global Services India employees and corporate executives, reflected a blend of energy, elegance and tradition.
“Arch is committed to building a team in
Arch partnered with ANSR Inc. — a
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About Arch Capital Group Ltd.
Arch Capital Group Ltd. (Nasdaq: ACGL) is a publicly listed
Cautionary Note Regarding Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward−looking statements. This release or any other written or oral statements made by or on behalf of Arch Capital Group Ltd. and its subsidiaries may include forward−looking statements, which reflect the Company’s current views with respect to future events and financial performance. All statements other than statements of historical fact included in or incorporated by reference in this release are forward−looking statements.
Forward−looking statements can generally be identified by the use of forward−looking terminology such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe” or “continue” or their negative or variations or similar terminology. Forward−looking statements involve the Company’s current assessment of risks and uncertainties. Actual events and results may differ materially from those expressed or implied in these statements. A non-exclusive list of the important factors that could cause actual results to differ materially from those in such forward-looking statements includes the following: adverse general economic and market conditions; increased competition; pricing and policy term trends; fluctuations in the actions of rating agencies and the Company’s ability to maintain and improve its ratings; investment performance; the loss of key personnel; the adequacy of the Company’s loss reserves, severity and/or frequency of losses, greater than expected loss ratios and adverse development on claim and/or claim expense liabilities; greater frequency or severity of unpredictable natural and man-made catastrophic events, including the effect of contagious diseases on our business; the impact of acts of terrorism and acts of war; changes in regulations and/or tax laws in
The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with other cautionary statements that are included herein or elsewhere. All subsequent written and oral forward−looking statements attributable to us or persons acting on the Company’s behalf are expressly qualified in their entirety by these cautionary statements. The Company’s forward-looking statements speak only as of the date of this press release or as of the date they are made, and the Company undertakes no obligation to publicly update or revise any forward−looking statement, whether as a result of new information, future events or otherwise.
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Media Contacts:
Greg Hare ghare@archgroup.com
Source: Arch Global Services India