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XL Catlin shakes up European management structure

XL Catlin shakes up European management structure | Insurance Business

XL Catlin shakes up European management structure
XL Catlin has revealed a restructure of its Southern Europe insurance operations to now include France alongside Italy and Iberia, as well as some changes to management.

Regional manager of Southern Europe, Bruno Laval, takes on an additional role as country manager of France in the move, while Simona Fumagalli has been promoted to country manager of Italy and José Ramón Morales to country manager of Iberia.

Laval, a French national with over 24 years’ experience in the industry, joined XL in 2001 and established the company’s successful presence in Iberia. In his dual role as country manager, France, he succeeds Kadidja Sinz, who is leaving XL Catlin by mutual agreement. Laval, who began his career with AXA, was regional manager, Iberia and Latin America, from 2010, during which time he built up the insurance operations in Brazil and Mexico to serve that region. In 2015, he was appointed regional manager, Southern Europe and Latin America.

“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,” Kelly Lyles, chief regional officer and deputy chair of XL Catlin’s insurance leadership team, said.

Fumagalli joined XL in 2014 as chief underwriting officer, professional indemnity within international financial lines, a position she will retain in addition to her new role. She joined XL from Zurich Insurance and has previously held underwriting management roles at Ace and Marsh. As XL’s country manager, Italy, she succeeds Maurizio Castelli, who stepped down from the position and has left the company.

Morales joined XL in 2012 as client & distribution leader, Iberia. 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 and Latin American region. Before that, he held various management and underwriting roles with QBE Insurance, Aon Re and Gen Re.

“Relying on the right talent in the right place is a cornerstone of our success,” Ralf Tillenburg, XL’s insurance chief executive, EMEA, added. “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.”

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