XL Catlin has appointed Simon Price, who joins from Marsh’s Private Equity and M&A practice, to Head of Mergers and Acquisitions Insurance for Europe, the Middle East and Africa (EMEA).
In his London-based role, Price will oversee XL Catlin’s EMEA business and all international business placed through the London market.
Commenting, Brian Benjamin, Global Head of M&A, said; “we are excited to have this team in place in London and welcome the deep transactional experience that Simon and Richard bring to our expanding platform.
“Today, global M&A activity is on the increase and the demand for insurance coverage is also on the rise.
“The value of M&A deals is expected to exceed USD $3 trillion in 2018. Activity in the first quarter of 2018 is predicted to be higher than in the comparable period in 2017. We also expect the expansion of the M&A transactional risk insurance market to continue. In this very competitive environment, deal professionals and their brokers across the world are looking for innovative solutions to support their acquisitions or sales.”
Prior to his appointment, Price led Marsh’s UK transaction risk team in London and was business development leader and legal advisor to their wider EMEA team.
He also spent 10 years in private legal practice in London, working at city law firms Macfarlanes and Davies Arnold Cooper.
In addition, XL Catlin has announced that Richard Belsey has joined as a London-based underwriter, he joins from a role as a Corporate Senior Associate at London city law firm Wedlake Bell LLP.
He has worked on and led a number of UK and international M&A deals, with a particular focus on corporate real estate transactions and Germany.
Belsey boasts over 10 years of transactional legal experience, gained at city law firms SJ Berwin LLP, Farrer & Co and Wedlake Bell LLP.
