7 June 2017Insurance

XL Catlin appoints new international environmental head

XL Catlin’s insurance operations has promoted Adias Gerbaud to the position of head international environmental.

In her new role, Gerbaud will be responsible for managing XL Catlin’s environmental portfolio while leading a team of eleven underwriters across the UK, Western Europe and Australia. She is based in Madrid, Spain.

Gerbaud joined XL Catlin’s Spanish operation in 2007 as a claims adjuster. She moved to London in 2008 to become a member of the environmental underwriting team before returning to Spain in 2010 to lead the environmental insurance business in Iberia. She was appointed underwriting manager environmental Southern Europe & Latin America in 2013 and head environmental EMEA in 2016.

XL Catlin said that Gerbaud’s promotion is in line with its drive to further strengthen its environmental insurance capabilities across its EMEA, LatAm and APAC regions and provide a range of solutions for businesses exposed to environmental risks, including pollution & remediation, legal liability and contractors pollution liability.

“Many multinational companies across EMEA, LatAm and APAC are increasingly aware that minimal environmental protection practices don’t lead to a sustainable future,” said Daniel Maurer, chief underwriting officer international casualty – insurance.

“They are working with XL Catlin’s risk engineers to help minimise their environmental exposures and tailoring insurance solutions to mitigate the myriad expenses associated with environmental clean-ups."

I am delighted that with Adias we have promoted a strong leader and that we have further strengthened the Environmental team," Maurer added. "With these developments, XL Catlin will be even better positioned to help multinational companies manage environmental risk while also developing new solutions for addressing these often complex exposures.”

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7 June 2017   Re/insurer XL Catlin has extended its global property insurance capacity by 25 percent to $500 million, available on a quota share or layered basis to address more of business’s global and domestic property insurance needs.
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