Steve Bauman has joined XL Catlin as head of global programmes and the captive practice in North America, effective 23 May.
Bauman, who will be based in New York and report to Matthew Latham, the company's global head of captives, will oversee the growth and development of the company's global insurance programmes and captive business in North America.
In addition, Bauman will provide technical support across business lines in structuring global captive programmes, ensure global programmes are in compliance and following best practices; and work with XL Catlin clients and broking partners to develop new captive products.
Bauman will also report to Bob Peretti, head of client and broker management in North America. Commenting on the appointment, Peretti said: “Steve Bauman has more than 25 years of experience serving clients and their captives and broad expertise of captive solutions in risk management. With Steven’s extensive market knowledge, and XL Catlin’s broad risk appetite and service excellence, we will accelerate delivering our best in class global programme solutions to North American based multinational companies.”
Latham added: “New business risks continue to emerge and regulatory issues are growing more complicated globally. That is why we’re committed to build out our global programmes and captive expertise with top industry talent like Bauman, whose extensive experience will ensure our clients and brokers get the best possible captive-related solutions that address their risks now and in the future.”
Bauman left his role as senior vice president and head of captive services at Zurich Insurance Group in March.
