XL Catlin Tops Advisen's Pacesetters Index for Insurance Product Innovation

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.

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SOURCE XL Catlin