Mike McGavick’s turnaround experiences have led him to think carefully about changes that are needed for the insurance industry. “First, cost has got to come down. It’s absurd that approximately 60 cents on every dollar is what the customer gets …
The former chief executive officer of XL Group, Mike McGavick, admits that frequently during his career he has taken on leadership roles that some of his contemporaries considered too hot to handle—such as the turnarounds he led at XL Group …
XL Catlin’s North America Construction insurance business has appointed Ann Marie Snyder, senior underwriter, to lead its Construction Excess Casualty business in its Southeast region. Snyder joined XL Catlin in 2012 from Ironshore Insurance Services where she served as a …
XL Catlin has added Kimberly Hans to its Broker & Client Management team as Southeast Regional leader. Hans is based in Atlanta and reports to Robert Peretti, XL Catlin’s Head of Broker & Client Management in North America. Hans joins …
ACORD, the global standards body for the insurance industry, has launched an Adoption Toolkit to support the application of data standards for global reinsurance and large commercial risks in the London market. “The benefits of implementing data standards are being …
XL Catlin insurance operations recently added Naveed Khalidi and Michelle Jensen to its team of Mergers and Acquisitions (M&A) insurance underwriters. Khalidi joins XL Catlin from Allied World Assurance Co., where he most recently held the position of senior underwriter …
Slice Labs Inc., a U.S. company offering cloud-based on-demand insurance, has partnered with XL Catlin to offer an on-demand cyber insurance product for U.S. small and medium-sized business (SMBs) built on the Slice Insurance Cloud Services (ICS) platform. The ICS …
XL Catlin’s venture capital arm is the lead investor in a $16.5 million financing for Windward, a maritime risk analytics firm, based in Israel. XL Innovate led the Series C financing, though previous investor Horizons Ventures participated along with individuals …
XL Catlin and new insurtech-focused program administrator Bamboo Insurance have entered into an underwriting agreement to provide property insurance in California. Bamboo Insurance is a California-based program administrator focused on distribution of personal lines products within California. Through the XL …
XL Catlin announced the launch of specialty aviation insurance in Mexico. The new product suite will initially focus on general aviation hull and liability risks. With an established presence in Latin America and aviation teams in Brazil, the United States …
