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XL Catlin announces Insurance management changes within EMEA and re-structures Southern Europe

 — XL Catlin’s insurance segment today announced that it has restructured its Southern Europe operations to now include France alongside Italy and Iberia. Southern Europe is led by Regional Manager Bruno Laval, who takes on an additional role as Country Manager France. XL Catlin also announced the promotion of Simona Fumagalli to Country Manager Italy and of José Ramón Morales to Country Manager Iberia. All appointments are effective immediately.



Kelly Lyles, Chief Regional Officer and Deputy Chair of XL Catlin’s Insurance Leadership Team, commented: “Bruno Laval has an excellent track record of building and developing successful businesses within our Group. That’s why we’re confident in his ability to lead the expanded region of Southern Europe while also directly managing our important operation in France, with about 120 Insurance colleagues based in Paris and Lyon.”



Ralf Tillenburg, the Insurance segment’s Chief Executive EMEA added commenting on Simona Fumagalli’s and José Ramón Morales’ appointments: “Relying on the right talent in the right place is a cornerstone of our success. Both Simona and José Ramón bring to their new roles an in-depth knowledge of the markets they serve combined with an energetic management style. Under their leadership, I expect to see our Italy and Iberia operations continue on a strong trajectory, delivering relevant products and services to our clients and brokers.”



A French national who started his career with AXA, Mr. Laval has over 24 years’ experience in the insurance industry. He joined XL in 2001 and established the Company’s successful presence in Iberia. As Regional Manager Iberia and Latin America from 2010, he built up the Insurance operations in Brazil and Mexico to serve that region. He was appointed XL Catlin’s Regional Manager Southern Europe and Latin America in 2015. In his dual role as Country Manager France he succeeds Kadidja Sinz, who is leaving XL Catlin by mutual agreement.



Simona Fumagalli joined XL in 2014 from Zurich Insurance as Chief Underwriting Officer Professional Indemnity within International Financial Lines, a position she is retaining in addition to her new role. Previously in her career she held underwriting management roles at Ace and Marsh. As Country Manager Italy she succeeds Maurizio Castelli, who stepped down from the position and has left the Company.



José Ramón Morales joined XL in 2012 as Iberia Client & Distribution Leader. In 2014 he was promoted to Deputy Country Manager Iberia. Prior to joining XL he was with AXA, where he was Head of Commercial Lines responsible for the Mediterranean – Latin American region. Before that he held different management and underwriting roles with QBE Insurance, Aon Re and Gen Re.



About the XL Catlin Insurance Operations



The XL Catlin insurance companies offer property, casualty, professional, financial lines and specialty insurance products globally. Businesses that are moving the world forward choose XL Catlin as their partner. To learn more, visit xlcatlin.com.



About XL Catlin




XL Catlin is the global brand used by XL Group plc’s (NYSE:XL) insurance and reinsurance companies which provide property, casualty, professional and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world.  Clients look to XL Catlin for answers to their most complex risks and to help move their world forward. To learn more, visit xlcatlin.com.

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