XL appoints new head of claims

XL Group has appointed Brent Hoffman as XL Catlin’s global head of claims, effective immediately, reporting to Paul Jardine, XL Catlin’s chief experience officer.

Hoffman joined XL in 2014 and most recently held the position of general counsel global claims. In his new role he will be responsible for leading claims teams across XL Catlin.

“Brent’s promotion is testament to the bench strength we have in our claims team,” said Greg Hendrick, president, P&C insurance and reinsurance. “His experience and knowledge ideally positions him to lead our claims function of more than 700 colleagues based in 24 countries worldwide. Under Brent’s leadership I am confident that we will continue to be recognized by our clients and brokers for the outstanding claims service we provide every day. In fact, our insurance claims operations alone pay out on average $103 million a week to clients getting back to business following a loss.”

XL Catlin is the global brand used by XL group’s insurance and reinsurance companies which provide property, casualty, professional and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises.

Bermuda-based XL Group is in the process of being acquired by French insurer AXA for $15.3 billion (€12.4 billion) in cash.