London, UK – September 9, 2014 – XL Group today announced the appointment of Matthew Latham as Head of Captive Programmes, in a move which strengthens the Group’s offering to clients with captives.
Jason Harris, Chief Executive, International Property & Casualty at XL Group commented: “The risk landscape is changing and captive owners are looking at more innovative ways of using these vehicles in response to new and evolving risks.
“A dedicated expert resource focusing on captive programmes will ensure clients and brokers get the best possible captive-related solutions and services from XL”.
Mr. Latham will be based in London and will report to Gavin Bruce-Smythe, Chief Underwriting Officer, International Property & Casualty.
Mr. Bruce-Smythe added: “Changes in the captives’ space and the forthcoming implementation of Solvency II, means that Matt’s extensive experience combined with XL’s strong global network and expertise in multinational servicing will ensure that we are providing the most relevant solutions to clients”.
Mr. Latham will initially focus on UK and Continental Europe, providing a focal point for all captive insurance arrangements. He joins XL Group from AIG where he spent nine years, most recently leading the UK client management team looking after AIG’s largest UK clients. Before that he headed the alternative risk financing team, which focused on underwriting solutions to risks that were new or difficult to insure, often in conjunction with a client’s captive. Prior to AIG, he held roles at ACE and Willis.
Mr. Latham has an MBA from Cass Business School.
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XL Group plc’s insurance companies offer property, casualty, professional and specialty insurance products globally. Businesses that are moving the world forward choose XL as their partner. To learn more, visit xlgroup.com/insurance.
About XL Group plc
XL Group plc (NYSE:XL), through its subsidiaries, is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world. XL is the company clients look to for answers to their most complex risks and to help move their world forward. To learn more, visit xlgroup.com
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