XL Catlin News

Brave New World: 1st Reinsurance Product Heads to the Blockchain

Second of Two Articles There has been a lot of press – and perhaps hype – about blockchain and its potential to revolutionize the industry’s processes and ultimately improve the customer experience. However, the efforts of the industry’s B3i initiative …

XL Catlin Raises Global Property Capacity by 25% to $500 Million

XL Catlin has raised its global property insurance capacity by 25 percent to US$500 million, which is available on a quota share or layered basis,. With this capacity increase, the company said it will better address clients’ global and domestic …

XL Catlin Promotes Gerbaud to Head International Environmental

XL Catlin’s insurance operations announced the promotion of Adias Gerbaud to head international environmental. In her newly expanded role, Gerbaud will be responsible for managing XL Catlin’s environmental portfolio while leading a team of eleven underwriters across the UK, Western …

XL Catlin Offers Political Risk, Credit & Bond Insurance in Canada; Zurich’s Azzopardi Named Lead U/W

XL Catlin has opened its first Political Risk, Credit and Bond (PRCB) insurance practice in Canada and has appointed Marvin Azzopardi as senior underwriter. Based in Toronto, Azzopardi, will join XL Catlin on June 1 and will report to Richard …

Zurich’s Bauman Joins XL Catlin to Head Global Programs, Captives

XL Catlin said it is expanding its global insurance programs and captive business with the appointment of Steven Bauman as head of its global programs and captive practice in North America. Bauman will provide technical support across business lines in …

XL Catlin Names AIG’s Estrada, Zurich’s Hughes to Canada Environment Team

XL Catlin has added two new members to its Canadian environmental insurance team: Marc Estrada as environmental team lead and Brian Hughes as assistant vice president, environmental underwriting. Estrada and Hughes are based in Toronto and report to Joseph Madigan, …

XL Catlin Expands M&A Insurance Product Suite, Adds New Staff to Global Team

XL Catlin has expanded its suite of mergers & acquisitions (M&A) insurance products aimed at supporting deals in the global transactional risk market, and has further strengthened its global team with three key hires. The coverages are designed for both …

XL Catlin Launches A&H Cover, ‘Protect & Assist,’ for UK Firms

XL Catlin has launched “Protect and Assist,” its accident and health insurance solution designed to help UK businesses protect their people and meet their duty of care in the face of emerging risks and heightened security threats. Protect and Assist …

XL Catlin Enhances International Liability Policies for U.S.-based Businesses

XL Catlin’s Multinational Casualty business has introduced a new international liability coverage form designed for U.S.-based multinational companies to address their most complex casualty needs. The XL Catlin’s International Liability policy addresses the challenge of coordinating coverage territory between the …

XL Catlin Participates in Consortium Bringing Driverless Cars to UK

Oxbotica, the Oxford-based artificial intelligence company that is developing driverless cars for the UK, announced it is leading a consortium of companies that plans to trial a fleet of fully autonomous vehicles in urban areas and on motorways, culminating in …