Legacy specialist Catalina Holdings has appointed Andrew Diaz-Matos as Chief Commercial Officer and Chief Legal Officer, where he will report to Group Chief Executive Officer Ian Parker, effective 15 August, 2022.
Andrew takes over the Chief Commercial Officer role from Steve Ryland, who has moved internally to Head of Global Distribution. Andrew will lead operational management of the insurance subsidiaries.
At the same time, as Chief Legal Officer, he succeeds Keith Lyon, Catalina’s General Counsel who is set to retire later in the year.
Andrew joins Catalina from CapSpecialty, where he was Senior Vice President, General Counsel and Corporate Secretary. In addition, he also oversaw the Claims, HR, and IT functions for the Alleghany owned specialty insurance company.
Prior to CapSpecialty, Andrew held legal roles of increasing responsibility at The Hartford, where he had a particular focus on operations, transactions, strategy, and corporate governance.
He began his legal career in the M&A practice of White & Case in New York.
He has nearly 25 years of legal experience, including 16 years in the financial services/insurance industry. He has completed live and runoff insurance transactions involving more than $300 billion in assets and liabilities.
Andrew Diaz-Matos commented: “I am thrilled to be joining Catalina at this juncture in its development. I have admired Catalina for many years, including from the 2017 sale of The Hartford’s UK P&C runoff business to Catalina. I look forward to working with the insurance companies’ CEOs in managing liabilities and improving operational efficiency and to building out a world-class legal organization, all in support of Catalina’s profitable growth.”
Ian Parker, Catalina’s Group Chief Executive Officer, commented: “I am delighted Andrew is joining Catalina at such an exciting time. In my experience it is rare to find a lawyer that can lead both a legal team and a commercial one. Andrew’s extensive experience managing outside the legal function will be incredibly valuable and I have absolute confidence that he is exactly what Catalina needs.”
