XL Catlin promoted an executive to lead an important part of its Excess & Surplus insurance arm. CNO Financial Group made a number of executive changes within its organization. RLI Corp. promoted a key executive to replace someone who is retiring.
XL Catlin made Karl Fischbach head of Binding Authority and Brokerage for its Excess & Surplus insurance operation.
In his new role, Fischbach will focus on aligning XL Catlin’s E&S underwriting and products with its distribution strategies. He’ll report to Stephen Oh, XL Catlin’s president of Excess & Surplus Lines.
Fischbach will also continue his existing role as wholesale broker, Programs and Binding Relationship Leader, reporting to Robert Peretti, senior vice president and head of Broker & Client Management for North America.
Fischbach has 24 years of experience with insurance and reinsurance. He joined Catlin in 2014 to head U.S. insurance distribution. In 2015, he assumed broker management and business development responsibilities for XL Catlin’s Wholesale, Programs and Binding Authority portfolios after the XL Group/Catlin merger in 2015.
CNO Financial Group, a holding company with property/casualty and life insurance subsidiaries, has made a number of executive changes.
- Mike Heard has been made president of the Washington National segment, after previously serving as senior vice president of Enterprise Operations for CNO. He replaces Barbara Stewart, who left CNO to pursue other opportunities. Jean Linnenbringer, vice president, Customer Service, will take on responsibilities for Enterprise Operations on an interim basis.
- Gerardo Monroy is CNO’s new chief marketing officer, and he’ll be tasked with leading CNO’s Enterprise Marketing and Communications team. He replaces Chris Campbell in the role. Monroy was previously president of CNO member company Colonial Penn and before that vice president of the long-term-care business for CNO’s Banker’s Life Segment. He’s been part of CNO since 2001.
- Joel Schwartz is CNO’s new president of the Colonial Penn segment. Previously, he was vice president, Finance and Administration for Colonial Penn, and joined CNO in 2014. Before CNO, he was senior vice president and CFO for Lincoln Financial Distributors, a division of Lincoln Financial Group.
Specialty insurer RLI Corp. is promoting Betsy McLaughlin to the role of vice president, chief claim counsel, effective April 1, 2017.
McLaughlin will take over for Brian Casey, who is retiring on March 31 but will continue with the company in an advisory role. He has been with RLI since 1996 and is retiring as a 25-year insurance industry veteran.
McLaughlin joined RLI in 2000 as director, Claim, and held various positions in the Claim department until her promotion to vice president, claim counsel in 2015. She’s a 20-year veteran of the insurance industry.
Sources: XL Catlin, CNO Financial Group, RLI Corp.