XL Catlin strengthens in marine insurance market

A major international insurer has announced a pair of changes to their team in a key insurance market as the business looks to boost its presence in the sector

Insurance News

By Jordan Lynn

XL Catlin has strengthened its marine insurance presence with a pair of key changes.

Oliver Miloschewsky has joined the firm as regional product leader, Hull & Yacht, Asia Pacific, whilst Tom Hughes has been appointed head of marine for Australia.

Miloschewsky, who will be based in Sydney until relocating to Singapore later in the year, joins from IAG here he was national underwriting/national portfolio manager for marine and Hughes joins from international firm HDI Global, where he was marine underwriting manager, Southern Region based in Melbourne.

“We are delighted to welcome both Oliver and Tom to our team,” Mike Davies, chief underwriting officer, Marine - Asia Pacific said.

“Globally we cover 230 million containers (twenty-foot equivalent units) annually – over 25 percent of the global throughput. Despite this, we remain ambitious and see significant opportunity to build out our broader marine business particularly in Australia, marrying our global expertise with first rate underwriting talent on the ground.”

Craig Langham, XL Catlin chief executive - Asia Pacific, stressed the regional significance of the marine insurance market as the business looks to grow its footprint.

“Asia Pacific is of significant importance to the global shipping trade,” Langham said.

“Ports across mainland China alone account for seven of the top ten ports in the world.

“We see a growing opportunity to provide the full suite of our Marine insurance coverages throughout Asia Pacific and believe that both Oliver and Tom have the right expertise and experience to help us realize our ambitions.”

Before joining IAG, Miloschewsky held positions at both Munic Re and Zurich in Australia and is also a qualified lawyer, ANZIIF fellow and holds a degree in Maritime Logistics and Management.

Prior to his time with HDI Global, Hughes worked in the London market with Tokio Marine and Amlin at Lloyd’s of London before moving to Australia and taking up a position with Zurich.

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