McNeil & Co. is excited to announce that it has entered into an agreement to be acquired by Arch Capital Group Ltd., a leading global insurer. Building on a successful 17-year partnership, this acquisition will cement our relationship with Arch and provide benefits to both companies.
With over $11 billion in capital, Arch gives McNeil a significant platform to achieve scale and grow our business. We’ve established ourselves as thought leaders in specialized risk management and insurance with policies that are never off the shelf, with service that’s always a step ahead and with risk management programs designed to prevent loss before it occurs.
This acquisition will give us an unparalleled opportunity to build on our leadership and take it even further with additional resources. We will continue to deliver high-value service and offer exceptional products based on genuine industry knowledge and a consultative approach to mitigating risk, now with a broader range of expertise to draw from.
We will remain headquartered in Cortland, NY and operate as a standalone affiliate of Arch Insurance Group (U.S.).
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