XL Catlin has established a new captive team focused on the development and delivery of captive solutions.
Spearheading this new team - known as the Captive Centre of Excellence - is Owen Williams, who joins from Zurich Insurance.
Based in London, Williams will work with underwriters and XL Catlin's captive clients to deliver fronting services. He will report to Matt Latham, head of captive programmes.
Williams spent 11 years at Zurich, most recently as head of captive services in the UK.
Prior to this, he held a number of underwriting positions at RSA Insurance.
Latham commented: “We have grown our captive business significantly over the past three years; establishing our Centre of Excellence allows us to continue to deliver outstanding service for existing clients while growing our portfolio. Owen’s stellar market experience ideally positions him to lead our Centre of Excellence and I am delighted to welcome him to the team.
“In recent years there has been a steady trend for clients to expand the range of coverages written in their captives beyond standard property and casualty risks, to include emerging risks such as cyber or non-damage business interruption. Strengthening our team and offering allows us to support these clients as they move forward.”
XL Catlin, Appointment, Owen Williams, Zurich, London, UK