XL Catlin stays top of Pacesetter Index
XL Catlin has retained the top spot-on Advisen’s annual Pacesetter Index, an annual recognition of product innovation in the P&C insurance industry, having introduced 26 new or enhanced property, casualty, professional and speciality insurance coverages or risk management services in 2017.
Greg Hendrick, XL Catlin’s president, Global Property & Casualty said: “I am proud, but not a bit surprised, by the nonstop innovation that my XL Catlin colleagues envision and bring to life.
“The 26 new or enhanced products and services in Advisen’s Pacesetter index is one measurement of our dedication to being creative and keeping our products current. Innovation is a part of our culture and is an everyday occurrence at XL Catlin.”
“In listening to our clients and looking ahead to what the future may bring, everyone here is committed to finding new ways to manage risk, boost productivity and enhance service.”
Mr Hendrick noted: “And we know innovation is going to be a large driver of not only our future success, but our brokers and clients’ as well.”
Advisen, a leading provider of data, media, and technology solutions for the commercial property and casualty insurance market, issues its Pacesetter Index annually ranking insurers’ innovation advancements based on their new or enhanced product announcements. Among XL Catlin’s new products and developments in 2017 were:
• A suite of insurance solutions for ultra high-net-worth individuals
• An emergency security and disaster evacuation solution in Iberia
• Accident and health insurance solution in Italy
• An online platform to quote and deliver newly enhanced business aircraft insurance in the US
• General Liability GL only plus wrap-up insurance programme from XL Catlin’s North America Construction team.
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