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XL Catlin Names Steven Bauman To Lead Captive Practice—North America

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May 26, 2017

Steve Bauman XL CatlinXL Catlin is expanding its global insurance programs and captive business with the appointment of Steven Bauman as head of global programs and captive practice in North America, effective May 23, 2017. Mr. Bauman, who will be based in New York, reports to Matthew Latham, XL Catlin's global head of captive programs

According to Mr. Latham, "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 programs and captive expertise with top industry talent like Steven, 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." 

In his new role with XL Catlin, Mr. Bauman will oversee the growth and development of XL Catlin's global insurance programs and captive business in North America. He will provide technical support across business lines in structuring global captive programs, ensure global programs are in compliance and following best practices, and work with XL Catlin clients and broking partners to develop new and innovative captive products. 

Mr. Bauman will also report to Bob Peretti, head of Client and Broker Management in North America. Commenting on the appointment, Mr. Peretti said: "Steven has more than 25 years of experience serving clients and their captives and broad expertise of captive solutions in risk management."

Mr. Bauman joins XL Catlin from Zurich Insurance Group, where he most recently served as head of captive services. Prior to his recent tenure at Zurich North America, Mr. Bauman worked for Aon and before that at XL Catlin managing its New York underwriting hub. He is a graduate of Colgate University and holds a master's degree from Stevens Institute of Technology. 

XL Catlin offers global programs and captive fronting across a wide range of lines, including general liability, workers compensation, property, business interruption, environmental, marine cargo, and professional liability. XL Catlin and its network partners can provide insurance coverage in more than 215 countries.

(Photo of Steven Bauman, above left, is courtesy of XL Catlin.)

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