The solutions are designed for both private equity firms and strategic buyers, as well as for owners and managers looking to exit a business, with an added focus on helping third party deal advisors execute deals faster and more efficiently. The coverages allow clients to maximize deal valuations, enhance the bid process in competitive auctions, and bridge gaps which may otherwise prevent parties from completing a deal.
With up to
Buyer Side Representation and Warranty Insurancealso known as Warranty and Indemnity Seller Side Representation and Warranty Insurancealso known as Warranty and Indemnity Deal Contingent Tax Insurance
- Deal Contingent Specific (Non Tax)
Joining XL Catlin to help deliver these solutions globally to market are the following individuals:
Richard Winborn, who joined yesterday as Head of M&A Insurance, International, based in London, will be responsible for managing XL Catlin's M&A portfolio in Europe, the Middle East, Africaand Asia Pacific. Mr. Winborn has 15 years' transactional experience, 10 of which have been gained in the insurance industry, after having spent 5 years practicing law at DACbeachcroft. Most recently he held the position of Head of Specialty products at Liberty Specialty Markets. Prior to that, he was Head of M&A Insurancefor Zurich Insurance Plcin the UK. Hilary Weisswho also joined on April 24th as Underwriter, M&A, Americas, based in New York. Ms. Weiss joins from AIG where she was an M&A Insurance Specialist. She holds a JD degree from Brooklyn Law School. Reagan Tangneywill join on May 8thas Underwriter, M&A, Americas, based in New York. Ms. Tangney has held a number of research roles in Private Equitywith KKR and most recently with CLSA as an Equity Research Associate. She graduated from the College of the Holy Crosswith a B.A. in Political Science and from Columbia Universitywith a Master's in Business Administration.
Noting the demand for coverage,
Mr Benjamin continued: "I am delighted to have strengthened the team across geographies with the hiring of these talented and experienced individuals and believe we are extremely well positioned to deliver innovative solutions which will ultimately support our clients to get a deal done."
About XL Catlin Insurance Operations
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
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Sinead Finlay, UK Media Relations, +44 2076214377; Brenna Ruiz-Gordon, US Media Relations, +1 (212) 915-7052