financial lines News

XL Catlin Promotes Powell to Chief Underwriting Officer for International Financial Lines

XL Catlin’s insurance operations announced that Tim Powell has been promoted to chief underwriting officer for international financial lines (IFL), effective March 1. Powell will be responsible for the underwriting performance of XL Catlin’s financial lines portfolio in all geographies …

Ryan Specialty Group Launches Latin America MGA, Capital Bay Underwriting

Ryan Specialty Group (RSG) has launched a Latin American-focused managing general underwriter, Capital Bay Underwriting, based in Miami. Capital Bay’s central emphasis is financial lines re/insurance products for financial institutions and commercial entities across Latin America and the Caribbean. Capital …

AIG Names Spaven as Head of Liabilities & Financial Lines, Singapore & SE Asia

AIG Asia Pacific Insurance Pte. Ltd. (AIG Singapore) announced that Scott Spaven, who is currently head of Client & Broker Engagement for Singapore and Southeast Asia, is taking on the additional role of head of Liabilities and Financial Lines for …

Beazley Launches Suite of Financial Lines Products in Spain

Specialist insurer Beazley has unveiled a comprehensive suite of financial lines products in Spain, designed for the needs of a broad range of commercial and financial organizations. Led by Lorena Segovia, Beazley’s Spanish team of underwriters launch a set of …

Beazley Taps XL Catlin’s Taboada, Zurich’s Misol as Financial Lines U/Ws, Spain

Specialist insurer Beazley continues to build its international specialty lines team, with the appointments of Estefania Taboada and Ana Misol as financial lines underwriters in Barcelona. Their appointments follow the appointment in May 2017 of Lorena Segovia to the newly …

XL Catlin Taps Allianz’ Broodryk as Cyber Product Leader, APAC Financial Lines

XL Catlin’s insurance operations announced the appointment of Max Broodryk as product leader of Cyber Risk, International Financial Lines for Asia Pacific, based in Sydney. In this role, Broodryk will be responsible for underwriting management and development of the Cyber …

Chubb Taps Allianz’ Gschossmann as Head of Financial Lines

Chubb announced that Johannes Gschossmann has been appointed as head of Financial Lines in Singapore. He joined the company on July 12 and reports to Liam Burrell, division head of Property & Casualty (P&C). Gschossmann brings with him more than …

Neon Taps Boorman from Probitas Syndicate 1492 as Head of Financial Lines

Neon has appointed Charles Boorman as head of Financial Lines and Ian West as director of Major Client Relations. Boorman brings 25 years of experience in the industry, most recently at Probitas Syndicate 1492 as head of Financial Lines. Prior …

RSG Forms LatAm-Focused MGU, Capital Bay Underwriting; Ex-AIG Execs Lead Unit

Ryan Specialty Group (RSG) announced the formation of its first Latin American-focused managing general underwriter (MGU), hiring two former executives from American International Group to lead the unit. Pascal Alvarez has joined RSG as president and CEO of the specialty …

Neon Builds Claims Team by Appointing MS Amlin’s Coley, XL Catlin’s Sterling

Neon has completed the build-out of its claims team with the recent appointments of Gavin Coley as technical head of claims and James Sterling as claims manager for professional indemnity & financial lines. “Claims Director Sharon Long initiated the team …