Brit has appointed former
XL Catlin exec Tom Bongi as executive vice president of professional lines at
Brit Global Specialty USA.
Bongi, who has been looking for new opportunities since earlier this year, joins Brit from XL Catlin, where he was the director of underwriting for global professional lines. In that role, he led underwriting operations for a $2 billion book of business in both professional lines and cyber liability.
Celebrate excellence in insurance. Nominate a worthy colleague for the Insurance Business Awards!
In his new role at Brit, Bongi will be charged with establishing and developing the company’s professional lines business in the US, with a focus on SME business, according to Reinsurnace News. Bongi will report to Nick Davies, president of Brit Americas.
“We are delighted to welcome Tim to Brit as we look to create a strong professional lines portfolio in the US, completing our existing London business,” Davies said in a statement. “His wealth of experience and strong track record of building and growing high-quality books of business will enable us to attract the right talent and create a compelling offering in this important segment.”
“This is an excellent hire for BGSU as we continue to expand selectively into profitable lines where we can leverage our disciplined underwriting approach and Lloyd’s platform,” said Brit CEO Matthew Wilson. “Our continuing ability to attract leading talent from across the industry plays a crucial role in our strategy to identify and capitalize on sustainable growth opportunities in the US market.”
Bongi has more than 25 years of industry experience. Prior to their merger, he held senior roles in the professional lines practices of both Catlin and XL.
Related stories:
Brit posts strong interim results in difficult market conditions
Brit, XL Catlin reach agreement over yacht portfolio
.jpg)
