New London hub CEO

RNS Number : 2039P

Catlin Group Limited

14 August 2014

 



                                                                                                                            Release 2014-15

ANDREW McMELLIN TO BECOME CEO
OF CATLIN'S LONDON UNDERWRITING HUB

LONDON - Catlin Group Limited ('CGL'; London Stock Exchange), the international specialty property/casualty insurer and reinsurer, announces that Andrew McMellin, currently chief executive officer of the Group's US underwriting hub, will become CEO of the London hub during the first half of 2015.

Paul Jardine, the Group's chief operating officer, will serve as interim CEO of the London hub until Andrew McMellin takes up his new position next year.  Paul Jardine served as CEO of Catlin's London operations from 2003 to 2006.

Andrew McMellin, who will remain a member of the Catlin Group Executive Committee, has served as the New York-based CEO of Catlin's US hub since September 2012. He joined Catlin in 1999 as class underwriter in London for non-marine liability business and was appointed underwriting director in 2003. He was appointed deputy underwriter of the Catlin Syndicate in 2006, Group underwriting director in 2008 and deputy chief underwriting officer in 2009.

Stephen Catlin, Chief Executive of Catlin Group Limited, said:

"I am delighted to announce that Andrew McMellin will return to London next year to become chief executive officer of Catlin's London hub.  Andrew, who is a key member of the Group's management team, has done a superb job of managing the profitable growth of our US-based operations over the past two years and will continue in this role for several months to assure a smooth transition.  He will then be responsible for all activities carried out by our London-based operations, which produced more than US$2.4 billion in gross premiums written in 2013.

"I am also happy to announce that Paul Jardine will serve as interim CEO of the London hub for the next several months.  Paul served as our London CEO during a period of unprecedented growth at Catlin, and he will be supported by a strong management team based in London."

Andrew McMellin will succeed Nick Sinfield, who is leaving the Group. Nick Sinfield has served as CEO of the London operating hub since November 2011. He joined Catlin in January 2003 as the Group's claims director and was responsible for the direction of Catlin's worldwide claims operations. Catlin is recognised as an industry leader in claims handling, and for the past five years Catlin's London claims team has been ranked first in a wide range measures by brokers responding to surveys by Gracechurch Consulting.

Stephen Catlin said:

"I would like to thank Nick Sinfield for his many achievements during his more than a decade of service with Catlin. Nick is largely responsible for the development of Catlin's world-class claims team and has made significant contributions during the past three years as CEO of the London hub.  I wish Nick all the best in his future endeavours." 

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For more information contact:

Media Relations:
James Burcke, Head of Communications, London	Mobile: E-mail:	[phone] [e-mail]
Liz Morley, Maitland	Tel: E-mail:	[phone] [e-mail]
Investor Relations:
William Spurgin, Head of Investor Relations, London	Tel: Mobile: E-mail:	[phone] [phone] [e-mail]

Notes to editors:

1.  Catlin Group Limited, headquartered in Bermuda, is an international specialist property/casualty insurer and reinsurer that underwrites worldwide through six underwriting hubs. Catlin shares are traded on the London Stock Exchange (ticker symbol: CGL). More information about Catlin can be found at www.catlin.com.

2.  Catlin has established operating hubs in London, Bermuda, the United States, the Asia-Pacific region, Europe and Canada. Through these hubs, Catlin works closely with policyholders and their brokers. The hubs also provide Catlin with product and geographic diversity. Altogether, Catlin operates more than 50 offices in 25 countries. Catlin's London hub manages the largest syndicate operating at Lloyd's of London.

3.  Catlin's underwriting units are rated 'A' by A.M. Best and Standard & Poor's.

4.  Catlin is the title sponsor of the Catlin Seaview Survey, a major scientific expedition that is documenting the health of coral reefs around the world. During 2012 the Survey investigated the Great Barrier Reef off Australia, while during 2013 it studied coral reefs near Bermuda and in the Caribbean. The 2014 Survey is focusing on the Coral Triangle in Asia. The impartial scientific data gathered by the Catlin Seaview Survey is intended to strengthen the understanding of how changes beneath the oceans' surface are impacting the rest of our planet. More information is available at www.CatlinSeaviewSurvey.com.

 

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