NEW YORK, Jan. 18, 2017 /PRNewswire/ -- XL Catlin has
earned the top spot on Advisen's Annual Pacesetter Index for its
work in insurance innovation, having introduced 33 new property,
casualty, professional or specialty insurance coverages, risk
management services or coverage enhancements in
2016.
Greg Hendrick, XL Catlin's
President, Global Property & Casualty noted, "We have been
working very hard at XL Catlin to be innovative and creative in
helping clients manage their risks around the world. In our
first full year of operation as XL Catlin, we climbed to the top
spot of Advisen's index. Building a new company while
simultaneously bringing innovative ideas and products to
market takes a special kind of collaborative teamwork and
determination, and I'm incredibly proud of what XL Catlin
colleagues are accomplishing every day. We're excited about
the momentum we've got going into 2017."
Advisen, a leading provider of data, media, and technology
solutions for the commercial property and casualty insurance
market, issues its Pacesetter Index annually ranking insurers'
innovation advancements based on their product announcements. Among
XL Catlin's 33 new products and developments in 2016 were:
- An Active Assailant, Loss of Attraction and Threat (ALT)
insurance solution
- Tailored cyber insurance policies for healthcare businesses,
retailers, financial institutions and energy/utilities
companies
- Workplace Violence insurance for US Businesses
- Life Science insurance to cover stand-alone clinical trials in
Germany
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
XL Group Ltd.'s (NYSE:XL) insurance and reinsurance companies
which provide property, casualty, professional and specialty
products to industrial, commercial and professional firms,
insurance companies and other enterprises throughout the
world. Clients look to XL Catlin for answers to their most
complex risks and to help move their world forward. To learn more,
visit xlcatlin.com.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/xl-catlin-tops-advisens-pacesetters-index-for-insurance-product-innovation-300392334.html
SOURCE XL Catlin