Insurer hires senior underwriters as it aims to complete team by September
International specialty property/casualty insurer and reinsurer Catlin has strengthened its London aviation underwriting team with the addition of Richard Power and Mark Stanley.
Power will join Catlin on 1 August as a senior underwriter and head of the airline underwriting team in London. He most recently was airline practice leader at C.V. Starr & Company and was previously an underwriter with Global Aerospace.
Stanley will join Catlin on 16 September as a senior underwriter and head of aviation products and airport underwriting in London. He has been an underwriter for Global Aerospace for more than 20 years.
Catlin also announced that Paul Cooper, currently a class underwriter with Catlin Guernsey, will join the Catlin aviation team in London in August as a class underwriter specialising in airline accounts.
In addition, Fiona Hodgson has joined Catlin as a senior aviation claims adjuster in London. She most recently held claims positions at XL Insurance and previously worked at Global Aerospace and Charles Taylor Consulting.
Alain Burguiere, European business group leader for Catlin Aerospace, said: “I am pleased to welcome Richard Power and Mark Stanley to Catlin’s London aviation underwriting team. Richard and Mark are highly respected underwriters in the marketplace, and their addition to our existing London aviation underwriting team – which includes Julia Milton and soon Paul Cooper – will further strengthen Catlin’s position as one of the world’s leading aviation insurers. The addition of Fiona Hodgson to our aviation claims team will increase the existing high levels of service that Catlin offers to its aviation policyholders. The full team at Catlin will be in place by September.”
Catlin UK acquisition
Catlin UK has acquired the renewal rights to the professional indemnity and directors’ & officers’ liability books of business underwritten by Bennett Underwriting Agencies.
BUA, based in Hitchin, Hertfordshire, was established in 1998 as a specialist underwriting agency specialising in insurance coverage for professionals. BUA has underwritten business as a coverholder on behalf of Catlin UK for the past several years.
Richard Bennett, BUA’s managing director and founder, will join Catlin as regional professional indemnity manager. The BUA office in Hitchin will become a Catlin UK regional office.
Richard Clapham, underwriting director for Catlin UK, said: “I am very pleased that Catlin UK has acquired renewal rights from Bennett Underwriting Agencies. I look forward to working more closely with Richard Bennett and his team to strengthen Catlin’s position in the UK regional professional indemnity market.”