XL Catlin has appointed Karl Fischbach as head of Binding Authority and Brokerage for its excess and surplus insurance operation. In his newly added role, Fischbach will focus on aligning XL Catlin’s E&S underwriting and products with its distribution strategies, reporting to Stephen Oh, president of E&S for XL Catlin.
Fischbach assumes these new responsibilities in addition to continuing in his role as relationship leader for Wholesale, Programs and Binding, reporting to Robert Peretti, senior vice president and head of Broker and Client Management for North America.
A 24-year (re)insurance professional, Fischbach assumed broker management and business development responsibilities for XL Catlin’s Wholesale, Programs and Binding Authority portfolios following Catlin Group’s integration with XL Group in 2015. He joined Catlin in 2014 to head up U.S. insurance distribution.
Prior to his tenure with XL Catlin, he worked at QBE where his responsibilities included product and regional portfolio management, strategic initiatives and distribution management for several client segments and distribution channels ranging from independent agent produced small commercial businesses to multinational broker fortune 1,000 enterprises.
Source: XL Catlin
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