Special Section sponsored by TMPAA |
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Catlin Group Limited Program categories written include, among others: property & casualty; health & accident reinsurance; professional liability; inland marine; and medical malpractice Catlin Group Limited was established nearly 25 years ago to manage a start-up syndicate at Lloyd’s of London. Today, Catlin is a truly global insurance/reinsurance company, underwriting more than $3.3 billion in gross premiums through underwriting platforms in the United States, United Kingdom and Bermuda. Catlin underwrites more than 30 lines of business. Among the Catlin Group’s operating entities is the Catlin Syndicate. This is the largest syndicate at Lloyd’s of London, based on 2008 underwriting capacity, and is a recognized leader of numerous lines of business. The Syndicate has underwritten U.S. specialty risks since it began business in 1985, and has established longstanding relationships with wholesale brokers and managing general agents in the United States. The Catlin Syndicate underwrites a wide range of specialty lines of insurance and reinsurance, including property, casualty, marine, aerospace, political risk/terrorism and accident and health coverages. A portion of this business—both property and casualty—is written through binding authority programs with selected U.S. managing general agents. The Catlin Syndicate is a leader in the Lloyd’s binding authority sector, and more than 15% of Catlin’s total premium volume is underwritten on a binding authority basis. While the Catlin Syndicate has written business in the United States for more than 20 years, Catlin U.S., which encompasses all of the Catlin Group’s United States operations, was established in 2006. Catlin U.S., a unique insurance and reinsurance underwriter, combines a broad risk appetite, a diverse book of business, a strong culture founded on underwriting discipline, and the ability to write business both on an admitted and nonadmitted basis. Headquartered in Atlanta, Georgia, and now operating from more than 15 underwriting offices across the country, Catlin U.S. includes two insurance companies: Catlin Insurance Company, Inc., which writes on an admitted basis in most states, and Catlin Specialty Insurance Company, a nonadmitted carrier. Catlin U.S. also writes business on behalf of the Catlin Syndicate as well as Catlin Insurance Company (UK) Limited, a UK-domiciled insurer. Catlin U.S. underwrites a variety of specialty lines of insurance and reinsurance, including: • Accident & health reinsurance Like the Catlin Syndicate, a portion of the business written by Catlin U.S. is underwritten through binding authorities with selected general agents with a proven track record of underwriting excellence. For example, among the Catlin U.S. operations is Catlin Scottsdale, which manages a nonadmitted contract binding authority facility that targets small- to mid-sized commercial accounts which predominately do not meet the general underwriting criteria of the standard market. All of Catlin’s underwriting platforms are rated “A” (Excellent) by A.M. Best (Financial Size Category XV). For more information about Catlin Group Limited, contact Matthew Newman, casualty business group leader, at +44 (0) 20 7458 5759 or matthew.newman@catlin.com. *
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