Arcadian Risk Capital, a Bermuda-headquartered managing general agent (MGA), has announced the appointment of Michael Saitta as Global Head of Tax and Representations & Warranties (TRW) Insurance.
Based in New York, Saitta will lead the strategic expansion, underwriting operations and portfolio management of Arcadian’s global TRW business.
He brings extensive experience spanning Big Four tax advisory and leading global insurance carriers, alongside a proven track record of building and scaling transactional risk underwriting platforms.
Saitta joins Arcadian from Berkshire Hathaway Specialty Insurance (BHSI), where he served as Head of Tax Insurance.
Prior to that, he led the Americas Tax Insurance programme within Liberty Mutual Insurance’s Global Transaction Solutions (GTS) unit, underwriting both tax insurance and representations and warranties risks.
Saitta began his career in the M&A Tax practice at PwC, advising clients on M&A due diligence, deal and transaction structuring, internal reorganisations and post-transaction tax integration.
Arcadian noted that this combination of advisory and underwriting experience gives him a valuable perspective on the complex tax and transactional risks faced by dealmakers.
John Boylan, Founder and CEO of Arcadian Risk Capital, commented, “Michael brings an exceptional combination of technical tax expertise, transactional risk underwriting experience and a proven ability to build successful insurance platforms. His appointment is an important step in the continued development of Arcadian. We look forward to working with Michael as we expand our global TRW offering and strengthen our position in this increasingly sophisticated market.”
Saitta added, “I am delighted to be joining Arcadian at this point in the Company’s development. TRW insurance plays an increasingly important role in helping clients manage complex transactional risks and execute M&A strategies with greater certainty. Arcadian provides an excellent platform to build on my experience, develop strong partnerships with brokers and clients, and expand a disciplined, solutions-oriented TRW offering across global markets.”