Insurer and reinsurer XL Catlin has promoted Jay Lefkowitz from his role as head of U.S. Risk Management team to President of its Global Risk Management business in North America.
In his New York based role Lefkowitz will assume underwriting management of XL Catlin’s North America primary casualty platform including its U.S. Risk Management and Multinational Casualty businesses, and will report to Joe Tocco, Chief Executive Officer (CEO) of XL Catlin’s North America Insurance business.
Tocco welcomed Lefkowitz into his new leadership role; “Jay is known in the market for his skill in helping solve very complex risk management challenges for our clients.
“Using diverse program structures, risk finance and collateral alternatives, like captives, loss portfolio transfers, deductibles and Self Insured Retentions (SIRs), he has helped us deliver casualty insurance programs that meet clients’ very unique needs.
“As a result, Jay has built an impressive book of primary casualty business for US-based companies. Jay’s underwriting skill and determination in solving tough risk management challenges will help us grow our collective primary casualty capabilities and deliver the kind of innovative programs that clearly set us apart in the primary casualty market,” said Tocco.
Over the course of his 30 years of insurance industry experience, Lefkowitz has served as an underwriter with ACE, CNA, Atlantic Mutual and Home Insurance Company.
XL Catlin’s Global Risk Management team helps firms build risk management programmes, including general liability, workers compensation, and commercial auto insurance coverages.
