New Location, Combined with Recent Hyderabad Opening, Reinforces Arch’s Commitment to Becoming a Meaningful Employer in India
Arch Global Services India announced the grand opening of its new office in Trivandrum’s Technopark.
Read More on Fintech : Global Fintech Interview With Justin Meretab, Co‑Founder and CEO of Layer
“Arch is committed to building a team in India that will help shape the future of the specialty insurance industry,” Nema said. “I’m excited about the opportunities ahead.”
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 India.
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 Hyderabad — is part of Arch Capital Group’s strategic expansion into India, initially announced this past July.
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 India, we knew we needed to provide our remarkable employees with an equally impressive facility,” said Prashant Nema, Arch’s Deputy Chief Operations Officer. “Trivandrum, our largest office, will provide business services including underwriting, claims, finance and risk operations. Additional locations in Hyderabad and Pune will provide further support to Arch’s business operations around the world.”
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 India that will help shape the future of the specialty insurance industry,” Nema said. “I’m excited about the opportunities ahead.”
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.
Catch more Fintech Insights : The CFO’s New Analyst: Using Generative AI for Strategic Financial Modeling
[To share your insights with us, please write to psen@itechseries.com ]
