Catlin Group Limited (CGL) - New Group Claims Director
RNS Number : 7657R
Catlin Group Limited
22 November 2012
GLENN BRACE TO JOIN CATLIN
AS GROUP CLAIMS DIRECTOR
HAMILTON, Bermuda - Catlin Group Limited ('CGL'; London Stock Exchange), the
international specialty property/casualty insurer and reinsurer, announces
that Glenn Brace will join Catlin in early 2013 as Group Claims Director.
In his new role, Glenn Brace will be responsible for Catlin's worldwide claims
operations, including the claims functions of all six of the Group's
underwriting hubs. He will be based in London and succeeds Nick Sinfield, who
was previously promoted to Chief Executive Officer of Catlin's London/UK
underwriting hub. He will report to Paul Jardine, Chief Operating Officer of
Catlin Group Limited.
Glenn Brace has served as Executive Director of Xchanging Claims Services in
London since February 2011. Xchanging Claims Services provides claims
adjusting and other services to Lloyd's of London managing agents and other
companies in the London insurance market.
In 1997 he joined Equitas Limited, the company established to reinsure and run
off Lloyd's pre-1993 liabilities, as Head of Asbestos, Pollution and Health
Hazard ('APH') Claims. He was subsequently promoted to Claims Director,
serving asEquitas' chief claims officer. In 2007, Berkshire Hathaway Inc.
effectively acquired Equitas' operations, and Glenn was appointed Chief Claims
Officer of Resolute Management Services Ltd, the Berkshire Hathaway unit that
assumed the run-off of Equitas' business. He left Resolute in 2010 to
establish Tower Street Consulting, an independent company that provided claims
and liability consulting services to insurers in the London market.
Glenn began his career at the US law firm Day, Berry & Howard (now Day Pitney)
where he was a Partner. He is a graduate of the University of Virginia and
the University of Virginia Law School.
Paul Jardine said:
"I am delighted to announce that Glenn Brace will join Catlin as Group Claims
Director. Glenn has distinguished himself as one of the world's top claims
professionals, making a significant contribution to the ultimate success of
Equitas and, most recently, serving as Executive Director of Xchanging Claims
"Catlin is already recognised worldwide for providing exceptional levels of
claims service to brokers and assureds. While I believe that the Catlin
claims team is already top of class, I know that, under Glenn's leadership,
Catlin will continue to improve the standard of claims handling it provides to
- ends -
For more information contact:
James Burcke, Tel: +44 (0)20 7458 5710
Head of Communications, London Mobile: +44 (0)7958 767738
Liz Morley, Maitland Tel: +44 (0)20 7379 5151
William Spurgin, Tel: +44 (0)20 7458 5726
Head of Investor Relations, London Mobile: +44 (0)7710 314365
Notes to editors:
1. A photo of Glenn Brace is available on request.
2. Catlin Group Limited, headquartered in Bermuda, is an international
specialist property/casualty insurer and reinsurer writing more than 30
classes of business worldwide through six underwriting hubs. Gross premiums
written in 2011 amounted to US$4.5 billion.
3. Catlin has established operating hubs in London, Bermuda, the United
States, the Asia-Pacific region, Europe and Canada. Through these hubs, Catlin
works closely with policyholders and their brokers. The hubs also provide
Catlin with product and geographic diversity. Altogether, Catlin operates more
than 55 offices in 21 countries.
4. Catlin's underwriting units are rated 'A' by A.M. Best and Standard &
5. Catlin shares are traded on the London Stock Exchange (ticker symbol:
CGL). More information about Catlin can be found at www.catlin.com.
6. Catlin is the title sponsor of the Catlin Seaview Survey, a major
scientific expedition that is the first comprehensive study to document the
composition and health of sections of the Great Barrier Reef across an
unprecedented range of depths. The scientific data currently being gathered by
the Catlin Seaview Survey, which is now under way, will strengthen the
understanding of how climate change and other environmental changes are likely
to affect ocean ecosystems. More information is available at
This information is provided by RNS
The company news service from the London Stock Exchange
BOADLLBLLFFZFBX -0- Nov/22/2012 08:00 GMT
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