Catlin U.S. Establishes Primary and Excess Casualty Unit

Catlin Group Limited, the international speciality property/casualty insurer and reinsurer, announced that Catlin US has established a Primary and Excess Casualty underwriting unit based in Atlanta.

The five-person unit, headed by Vice President Steve Singer, will underwrite specialty classes of primary and excess casualty risks for U.S. policyholders on a nationwide basis. Including Singer, the unit has four seasoned underwriters, all of whom have more than 20 years of underwriting experience.

Richard Banas, chief executive officer of Catlin US, said: “The Catlin Group has underwritten specialty lines in the US market for many years. The establishment of our new Atlanta-based casualty unit – along with the recent formation of our Professional Lines unit in New York – further strengthens Catlin’s position as a quality underwriter of specialty lines in the United States.”

Singer, who joined Catlin in August, was recently with Axis Insurance in Atlanta where he developed and managed a profitable book of primary casualty business from brokers throughout the U.S. Previously he managed the Excess and Surplus Lines division for the Fireman’s Fund group. He began his career at Chubb and Chubb Custom Market, where he spent 10 years working in Atlanta, Baltimore, Washington D.C. and Los Angeles. He is a graduate of Florida State University.

Catlin US, which is headquartered in Atlanta, underwrites specialty classes of property/casualty insurance for U.S. clients. Catlin US has recently acquired an admitted property/casualty insurance company that will soon begin underwriting business under the Catlin brand. Catlin US is also in the process of establishing a non-admitted insurer, which will complement Catlin’s current non-admitted underwriting capabilities in the United States through the Catlin Syndicate at Lloyd’s and Catlin UK. Catlin US also has offices in New York, Houston, New Orleans and San Francisco.

Source: Catlin