Paul Brand News

3 Industry Veterans Relish Fresh Start for Their Latest Legacy-Free Ventures

Although the insurance market is awash with capacity and competition, two new specialty companies—a re/insurer and a broker—formed earlier this year, aiming to create something new and different for their clients. First, well-known industry veterans Stephen Catlin and Paul Brand, …

Industry Veterans Catlin and Brand Launch Specialty Bermuda Re/Insurer Convex Group

Insurance industry veterans Stephen Catlin and Paul Brand announced they have launched an international specialty insurer and reinsurer, Convex Group Ltd. Convex launches with $1.8 billion of initial committed capital and will draw down $1.6 billion to commence business; it …

XL Catlin Appoints Branch as Chief Executive of Insurtech Team, Accelerate

XL Catlin announced the appointment of Vincent Branch as Chief Executive for Accelerate, its new expert team focused on innovation and insurtech. Accelerate is led by XL Catlin’s former chief underwriting officer for Insurance, Paul Brand. Branch joins XL Catlin …

Update: XL Group to Realign P/C Operations with Senior Leadership Team Named

Bermuda-based XL Group Ltd./XL Catlin announced senior role changes in connection with a planned realignment of its property/casualty operating model. All of the new appointments are effective as of Jan. 1, 2017. The new P/C organizational structure will consist of …

XL Catlin Launches Team to Focus on Alternative Risk Transfer Products

XL Catlin’s insurance operations has launched a new team to focus on alternative risk transfer and non-traditional insurance globally. The team, named Structured Risk Solutions (SRS), is a dedicated global underwriting unit charged with providing XL Catlin’s clients with customized …

Management Changes as XL and Catlin Gear-up for Deal Closure

Reports in London’s insurance trade press, led by the Insurance Insider, have detailed a number of prospective management changes to take place when XL’s acquisition of Catlin is finalized, probably before the end of the second quarter of 2015. Although …