XL Catlin strengthens Life Science Insurance team in Germany

Cologne, Germany - February 01, 2016

XL Catlin has strengthened its Life Science team in Germany with the appointment of Marc Werdehausen as Senior Underwriter with responsibility for XL Catlin’s portfolio development in this important industry.Life science companies are operating in an increasingly complex and litigious environment. Start-ups through to established market leaders in the field are producing a steady stream of groundbreaking products and need new insurance solutions in order to keep innovating.Thomas Zanner, International Casualty Head of Underwriting EMEA, commented on the appointment: “We have ambitious growth targets for our Life Science business and Marc‘s appointment is part of a global initiative to grow XL Catlin’s business in this area. With his impressive range of expertise and excellent market contacts, Marc is ideally suited to strengthen our existing team."Dieter Goebbels, Country Manager, Germany, said: “It is very important for us, especially in developing areas, to provide our clients with innovative insurance solutions that meet their changing needs. Ultimately, our Life Science insurance solutions are designed to support companies through the development phase to clinical trials and market entry through to mass distribution – allowing these companies to drive advancements in their industry. With Marc's leadership, we will expand our existing Life Science product range and bring new opportunities to the market."Mr. Werdehausen joins from Chubb Insurance Company of Europe SE, where he most recently served as Practice Leader and was responsible for the life science market since 2012. He holds a Graduate Diploma in Law.About XL Catlin Insurance OperationsXL 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 CatlinXL Catlin is the global brand used by XL Group plc’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.