Where is the principal administrative office of the Arch Insurance Company, which provides surety for Alloy, located?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
That the Arch Insurance Company, a corporation organized and existing under the laws of the State of Missouri, having its principal administrative office in Jersey City, New Jersey (hereinafter referred to as the "Company") does hereby appoint:
Source: Item 23 — RECEIPTS (FDD pages 69–245)
What This Means (2025 FDD)
According to Alloy's 2025 Franchise Disclosure Document, the principal administrative office of Arch Insurance Company is located in Jersey City, New Jersey. The document specifies that Arch Insurance Company is a corporation organized under the laws of the State of Missouri. However, its main administrative functions are based in New Jersey.
This information is relevant to prospective Alloy franchisees because Arch Insurance Company provides surety bonds, which may be required in certain states like Maryland to provide financial assurance due to the franchisor's financial condition. The surety bond in Maryland covers the initial franchise fee for a single unit franchise or an area development franchise for three units.
Furthermore, the FDD provides a contact address for claim inquiries related to the surety bond: Arch Insurance - Surety Division, located at 3 Parkway, Suite 1500, Philadelphia, PA 19102. This Philadelphia address is separate from the principal administrative office in Jersey City, New Jersey, and is where franchisees should direct any claims related to the bond. The documentation also includes contact information to verify the authenticity of the Power of Attorney at SuretyAuthentic@archinsurance.com.