March 4, 2016 by Canadian Underwriter
XL Catlin announced on Friday the appointment of Nick Greggains as chief executive officer of XL Catlin’s Canadian insurance operations.
In his new role, Greggains leads XL Catlin’s regional business strategy and guides the development and delivery of innovative insurance solutions to domestic and international corporations in Canada. Based in XL Catlin’s Toronto office, he will also oversee offices in Montreal, Calgary and Vancouver.
XL Catlin is the global brand used by XL Group plc’s 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.
Greggains brings more than 25 years of insurance industry experience to his new role. Most recently, he served as director of underwriting for XL Catlin’s United States operations. Prior to XL Group’s completion of the acquisition of Catlin group on May 1, 2015, Greggains was XL Catlin’s chief underwriting officer in the U.S. since 2007. He joined Catlin from XL, where he led its Design Professional insurance business. He began his tenure with XL when he joined in 2003 as vice president of global accounts for its Environmental business.
Commenting on the appointment, Joe Tocco, chief executive of the Americas for XL Catlin, said that Greggains “extensive multi-line insurance knowledge and underwriting experience will dually benefit our Canadian team as well as the growing number of brokers and clients we serve across the country.”
Tocco noted that Canada’s major industries – energy, mining, construction, aerospace, and technology, to name a few – face significant and complex risks. “Given XL Catlin’s extensive industry and underwriting expertise to address them, we’re confident that Canadian businesses will see tremendous value enlisting our expertise, innovative products and global capacity to help manage their risks and grow their businesses,” he said. “Nick’s strategic thinking and proven track record for growing multiple lines of business will help us put XL Catlin at the top of Canadian businesses’ list of choice insurers.”