15 December 2017Insurance

XL Catlin names new leader for NA global risk business

Re/insurer XL Catlin has promoted Jay Lefkowitz to president of its global risk management business in North America.

Based in New York, Lefkowitz will report to Joe Tocco, chief executive of XL Catlin’s North America insurance business.

Previously head of XL Catlin’s US risk management team, Lefkowitz will assume the underwriting management of XL Catlin’s North America primary casualty platform including its US risk management and multinational casualty businesses.

Lefkowitz joined XL Catlin in 2011 to lead its US risk management team which provides auto liability, general liability and workers' compensation coverage to US-based businesses. His 30-year insurance career also includes underwriting positions with ACE, CNA, Atlantic Mutual and Home Insurance Company.

Tocco said: "Jay is known in the market for his skill in helping solve very complex risk management challenges for our clients. Using diverse program structures, risk finance and collateral alternatives, like captives, loss portfolio transfers, deductibles and Self Insured Retentions (SIRs), he has helped us deliver casualty insurance programs that meet clients’ very unique needs.

"As a result, Jay has built an impressive book of primary casualty business for US-based companies. Jay’s underwriting skill and determination in solving tough risk management challenges will help us grow our collective primary casualty capabilities and deliver the kind of innovative programs that clearly set us apart in the primary casualty market."

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