Catlin Appoints McMellin to Succeed Banas as U.S. CEO

July 24, 2012

The Bermuda-based Catlin Group Limited announced that Andrew McMellin, currently the group’s deputy chief underwriting officer, will become CEO of Catlin US effective September first. He will remain a member of the Catlin Group Executive Committee.

Catlin’s current US CEO, Richard S. Banas, will continue as a member of the Group Executive Committee and will assume the additional roles of chairman of Catlin’s underwriting hubs in the Asia-Pacific region and Canada. He will also lead the group’s insurance-related strategic investment activities in the United States.

Catlin US is headquartered in Atlanta. It operates 20 offices, including two in Latin America. Catlin US also includes two wholly-owned admitted insurance carriers and a non-admitted insurer. Catlin US gross premiums written were $852 million in 2011.

McMellin joined Catlin in London in 1999 as class underwriter for non-marine liability business and was appointed underwriting director for casualty business classes in 2003. He was appointed deputy underwriter of the Catlin Syndicate in 2006, group underwriting director in 2008 and deputy chief underwriting officer of the Catlin Group in 2009.

Prior to joining Catlin, he was liability class underwriter for M W Drysdale & Others, Syndicate 820 and a divisional director in the casualty team of Willis’ London Market Brokerage unit.

Banas joined Catlin in April 2006 as president and chief executive officer of Catlin US. Prior to joining Catlin, he was executive vice president and chief underwriting officer of XL Professional Lines. He previously served as chief underwriting officer for XL’s global insurance operations. He also served as a managing director of OneBeacon Insurance Group and as senior vice president and chief insurance operating officer at CGU-North America. He held various underwriting and business development responsibilities at St. Paul Fire and Marine Insurance Co., where he worked for more than 20 years.

Source: Catlin Group

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