XL Catlin has appointed Jay Lefkowitz as its new president of global risk management business in North America.
Lefkowitz has been promoted from his previous role as head of the firm’s US risk management team.
With more than 30 years insurance industry experience, Lefkowitz’s new role will see him assume underwriting management of XL Catlin’s North America primary casualty platform, including its US risk management and multinational casualty businesses.
Lefkowitz, who joined XL Catlin in 2011, will report to Joe Tocco, chief executive of the company’s North America insurance business.
Tocco said: “We’re excited to see Jay Lefkowitz step into his new leadership role. [He] is known in the market for his skill in helping solve very complex risk management challenges for our clients.”
“Using diverse programme structures, risk finance and collateral alternatives, like captives, loss portfolio transfers, deductibles and self-insured retentions, he has helped us deliver casualty insurance programmes that meet clients’ very unique needs,” he added.
