Arch Insurance today announced the promotions of Jose Carlos Jiménez Fernández as Head of Cyber for Europe, and Rafael Ortiz Losada as Head of Cyber for Iberia, at Arch Insurance (EU) dac (AIEU), effective immediately.

In his new role, Jiménez Fernández is responsible for leading the expansion of AIEU’s cyber portfolio. Based in Madrid, he leads the underwriting strategy, product development and distribution of AIEU’s cyber solutions across Continental Europe.

As Head of Cyber for Iberia, Ortiz Losada is responsible for growing Arch’s cyber portfolio across Spain and Portugal and is also based in Madrid. The portfolio spans primary and excess coverage for cyber, tech E&O and media E&O across a broad range of sectors.

Both Jiménez Fernández and Ortiz Losada are highly accomplished practitioners. Most recently Head of Cyber for Iberia, Jiménez Fernández joined Arch in 2023 and prior to this was a Cyber Manager for Southern Europe, the Middle East and Africa, and Latin America at Tokio Marine HCC. Ortiz Losada also joined Arch in 2023 as a Senior Cyber Underwriter, having previously been a Senior Cyber Underwriter at AIG.

Sergio Pierro remains as Head of Cyber for France, responsible for execution of the strategic development of the cyber portfolio in Northern Europe and will work closely with Jiménez Fernández.

Commenting on the announcement, Matthew Brophy, Chief Underwriting Officer of AIEU, said: "The promotions of Jose and Rafael into these leadership roles are thoroughly deserved. Both have consistently demonstrated exceptional technical expertise, strong leadership, and the ability to build successful broker relationships in the European cyber market. We see significant opportunities to expand Arch’s cyber portfolio across Continental Europe and Jose will spearhead our ambitions, working closely with Rafael and Sergio to drive growth across Iberia and Northern Europe and strengthen our proposition for our brokers and clients."