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XL Catlin has appointed Karl Fischbach as head of binding authority and brokerage for its excess and surplus (E&S) insurance operation.
Fischbach will reporting to Robert Peretti, SVP and head of broker and client management for North America. As well as his new role he will continue in his present role as wholesale broker, programs and binding relationship leader.
According to XL Catlin Fischbach will focus on aligning the company's E&S underwriting and products with its distribution strategies.
Fischbach joined Catlin in 2014, before its integration with XL Group in 2015, to head up US insurance distribution. Before that, he was employed at QBE where his responsibilities included product and regional portfolio management, strategic initiatives and distribution management.
"Karl’s strong working relationships with our wholesaler brokers, general agents and program managers, along with his understanding of our underwriting process and products puts in a unique position to enhance delivery of our E&S products," said Peretti.
"[His] willingness to assume these new responsibilities, while continuing in his role on our broker and client management team, offer us a great opportunity to listen to our business partners and shape our delivery of E&S product offering."
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XL Catlin, Appointment, Karl Fischbach, E&S, Stephen Oh, North America
