XL Catlin today announced the promotion of Anne Marie Elder to the role of Chief Underwriting Officer Marine for the Americas region. Elder in her new leadership role now reports to Lee Meyrick, XL Catlin’s Chief Underwriting Officer for Global Marine, in London.
Elder, who previously held the position of Senior Vice President and Chief Underwriting Officer, Inland Marine in North America, assumes the role formerly held by Richard DeSimone. DeSimone, who joined XL Catlin in 2011 to help build its North America Marine capabilities, retired from the company on December 31, 2015.
According to Meyrick, “Under Rich’s leadership, we expanded our team in North America and created a comprehensive portfolio of Bluewater and Brownwater Hull, Cargo, Primary and Excess Marine Liability, and Recreational Marine coverages, as well as a full suite of Inland Marine insurance solutions. During his tenure, he recruited some of our industry’s top marine underwriting talent -- Anne Marie among them. She has been invaluable in driving our strategy for Inland Marine and I know she will exercise that same drive and determination to help profitably grow our Marine book of business.”
“In her new role, Anne Marie’s priority will be to focus on shaping our Americas Marine team for the future to ensure delivery of our broad range of products and increased capacity throughout our Americas region,” noted Meyrick. “She is well qualified to do so bringing more than 25 years of Property, Inland and Ocean Marine underwriting experience and deep knowledge and commitment to the maritime industry.”
Elder joined XL in 2011 as SVP, Chief Underwriting Officer, Inland Marine. She is a graduate of the United States Merchant Marine Academy at Kings Point, N.Y. where she earned a commission as a Naval Officer as well as an unlimited tonnage USCG Third Mates license. She is part of the Transportation Committee of the Inland Marine Underwriters Association (IMUA) and currently is Chair of IMUA’s New England Advisory Committee. She also has served on the board of the American Institute of Marine Underwriters (AIMU), and holds the Associate in Marine Insurance Management (AMIM) designation.
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