Catalina Holdings has made senior appointments as part of its business reorganisation over the past 2 years.
Bruce Hemphill, who was appointed CEO of Catalina in February 2021 after serving as chair of the Catalina board, will carry on leading the company as it reviews its operations, capabilities and market position.
Dean Dwonczyk, co-founder of Catalina, has assumed the role of CUO, focussing on the assessment of liability portfolios as part of the origination process in close cooperation with Catalina’s Head of M&A, Mayur Patel.
Dwonczyk will also take responsibility for the group’s underwriting framework and the strategic aspects of liability selection and portfolio construction.
Steve Ryland, former UK CEO, has been promoted to take on the new role of Group CCO.
Ryland will lead the operational aspects of liability management working closely with Dwonczyk and Patel on transactions.
He will also lead the operational management of the subsidiaries. Steve has over 30 years of insurance and reinsurance experience, joining Catalina in January 2020 from Armour where he was a member of the Executive Management Committee and instrumental in the development of Armour’s business from inception.
Subject to BMA and immigration approval, John McGlynn has been promoted to Group Chief Actuary, having previously held the role of Chief Risk Officer for Catalina General in Bermuda since August 2020.
McGlyn is a Fellow of the Institute and Faculty of Actuaries and brings a wealth of knowledge and experience to Catalina.
Tim Brown has been appointed as the new Group Head of Technology and will be responsible for establishing and maintaining IT infrastructure, and supporting the operations and growth of the business.
He brings over 30 years of information technology experience and related services experience in IT executive roles in the insurance and wealth management market.
Following Steve Ryland’s promotion, Graeme McAndrew will assume the role of UK CEO. Graeme takes on this role as an internal promotion having previously held the role of Chief Financial Officer for the UK since May 2017. He will oversee Catalina’s UK operations, helping to drive all aspects of its strategy, and identifying potential transactions which leverage the Catalina’s global platform.
Catalina’s UK subsidiary has been strengthened with the appointment of Guy Lether as UK Claims Director, replacing Steve Richardson who retired in August 2021. He joins from Starstone where he was Head of Claims, and brings significant claims expertise across multi lines, including Lloyd’s specialty lines, to Catalina.
Tom Alcock has been appointed as Head of Property Claims, Complex Claims in the UK and joins from Armour Risk Management Limited where he most recently held the role of Head of Legal, Compliance and Regulatory and was a Director of the board.
Bruce Hemphill, Group CEO, commented, “The board and I are pleased to have completed this initial set of restructuring steps. We have a highly experienced team in place which is operating as a cohesive unit, and are intensely focussed on delivering future run-off transactions and driving positive outcomes for our clients and shareholders.”
