14 August 2017Insurance

Brit taps XL Catlin exec to launch professional lines portfolio in US

Specialty re/insurer Brit has appointed Tom Bongi as executive vice president of professional lines at Brit Global Specialty USA (BGSU).

In his new role, Bongi will be responsible for establishing and developing Brit’s professional lines portfolio in the US with a focus on SME business. He will report directly to Nick Davies, president of Brit’s businesses in the Americas.

Bongi joins Brit from XL Catlin, where he was most recently director of underwriting, global professional lines, leading underwriting operations across professional lines and cyber liability. Prior to the merger of XL Catlin, Bongi held senior roles in the professional lines practices at both XL and Catlin.

Davies commented: "We are delighted to welcome Tom to Brit as we look to create a strong Professional Lines portfolio in the US completing our existing London business. His wealth of experience and strong track record of building and growing high-quality books of business will enable us to attract the right talent and create a compelling offering in this important segment."

Matthew Wilson, CEO of Brit, added: "This is another excellent hire for BGSU, as we continue to expand selectively into profitable lines where we can leverage our disciplined underwriting approach and Lloyd’s platform. Our continuing ability to attract the leading talent from across the industry plays a crucial role in our strategy to identify and capitalise on sustainable growth opportunities in the US market."

Earlier this year, the company appointed Tim Chesson as senior vice president, programmes, and Michael Carr as senior vice president, cyber of BGSU.

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More on this story

Insurance
30 August 2017   Re/insurer XL Catlin has expanded its US Southeast regional broker and client management unit by hiring Arden Young as its new client distribution leader.
Insurance
25 October 2017   Specialty re/insurer Brit has appointed Courtney Mocio as vice president, cyber and technology at its US unit, Brit Global Specialty USA (BGSU).
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16 January 2018   Brit Global Specialty USA (BGSU) has expanded its professional lines offering with the hiring of Rich Hartman from Arch Insurance.