XL Catlin Strengthens London Product Recall Underwriting Team
XL Catlin announced it has strengthened its London-based Product Recall team with the appointment of Natalie Lilley and the transfer of Ian Davidson.
Natalie Lilley joins XL Catlin from Canopius where she has held the position of contaminated products underwriter since April 2012, with responsibility for diversifying and growing the company’s product recall business. Lilley has over 25 years of industry experience, having previously held a range of underwriting positions at Liberty and AIG.
Ian Davidson, senior underwriter, Product Recall, has transferred to London from the company’s Sydney office. Davidson, who has over 20 years of insurance industry experience, brings extensive knowledge of product recall risks across Asia Pacific to the benefit of London market clients – many of whom have supply chain exposures in the Asia Pacific region.
“Product recalls are on the increase across a diverse range of industry sectors and clients are now in even greater need of solutions that really address their key exposures,” said Mark Hutton, XL Catlin’s UK head of Product Recall.
“Reputational issues associated with the rise of social media for example, means our clients have to be prepared to respond using new language and platforms. In line with these exposures, a core component of our product recall offering is the inclusion of Response XL Catlin, a network of global crisis management experts, on hand 24/7 to help our clients respond to incidents in the quickest, most effective manner,” he said.
“I am confident that as a team we are best positioned to help address the evolving risks faced by our product recall clients, helping protect their businesses and long term profitability. Ian and Natalie will add significant experience and expertise to the London team,” he added.
Andrew McMellin, XL Catlin’s UK & Ireland chief executive, said: “Businesses need to address their product recall risks now more than ever, especially those in the food and beverage industry.”
Quoting a survey conducted by UK consumer group “Which?”, McMellin said, trust in the food industry in the UK has fallen by 24 percent, following several high profile cases of food adulteration.
“Supply chains are becoming increasingly complex and our clients in the UK and Ireland are in need of new and innovative solutions – we believe with this team we can deliver those solutions,” he went on to say.
The XL Catlin Product Recall team in London is now six underwriters strong with the additional internal appointment of two new assistant underwriters. Nick Gibbs joins from the Claims department bringing solid claims handling experience to the team while Toby Moss has also transferred from his previous position as an operations analyst, the company said.
Source: XL Catlin