6 February 2018Insurance

XL Catlin picks new global hull leader as veteran mariner retires

Re/insurer XL Catlin has promoted Mike MacColl to the position of global practice leader for hull. Previously, MacColl held the role of head of hull for the UK.

MacColl takes on the role from Mike Talbot, who is retiring after a professional career spanning 50 years. Talbot is well-known in the marine hull insurance market and is said to be an expert at serving major ship-owners around the globe.

MacColl has more than 30 years of experience in the insurance industry. Prior to joining XL Catlin, he held several positions at Talbot Underwriting. He is an associate of the Chartered Insurance Institute and Fellow of the Institute of Chartered Shipbrokers, and has been a member of the Joint Hull Committee at Lloyd's since 2016.

"Mike [MacColl] has proven to be a hugely valuable member of the UK Marine team in the 12 months he’s been with XL Catlin, and I am delighted that he has stepped into this new position," said Rob McAdams, chief underwriting officer for global marine at XL Catlin. "His strength of leadership and experience will be key as we drive strategic, profitable expansion across our marine business and continue to provide a superior service to our clients."

McAdams added: “On behalf our Global Marine team, I’d like to thank Mike [Talbot] for his many contributions and insights, which have helped steer the development of our marine book and ensure we remain a preeminent leader in this core class.”

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