Catlin Construction Professional Group
Catlin Group Limited is an international specialist property/casualty
insurer and reinsurer writing more than 30 lines of business with a network
of over 45 offices located in major cities in 20 countries. Formed in London
25 years ago, Catlin now manages the largest syndicate at Lloyds. In 2010,
Catlin Group Limited surpassed $4 billion in written premiums worldwide.
Catlin is known for its disciplined underwriting, superior client
service, highly diversified product offerings and excellent financial
strength. Catlin’s core strengths are reflected through the nearly 1,400
talented, energetic professionals employed by Catlin worldwide. Catlin’s
worldwide operations carry a rating of “A” (Excellent) XV from A.M. Best as
well as a rating of "A" (Strong) from Standard & Poor's.
In 2006, Catlin solidified its presence in the U.S. market with the
creation of Catlin U.S. Catlin US has developed both organically and through
acquisition and now has 16 offices providing specialty insurance to
commercial customers ranging from Fortune 500 companies to niche players.
Catlin’s Construction Professional Liability (CPL) Group started
underwriting in May of 2008 and is rapidly becoming an industry leader in
creating insurance and risk management solutions for owners and the
construction professional industry. The CPL Group now insures over 60 of the
ENR top 400 contractors. Their staff includes the industry originator of the
Owner’s and Contractor’s Protective concept as well as a team of seasoned
underwriters who nurtured this marketplace. Catlin’s innovative insurance
approaches are becoming a benchmark against which other coverage forms are
now measured.
The protective professional product was created in the mid 1980’s to
respond to the lack of project professional liability cover through a new
approach that would supplement the architect and engineer’s primary practice
professional liability insurance policies rather than replacing them, which
was common practice at that time. The professional protective market now
generates over $200 million in annual premium and is rapidly replacing the
traditional way of doing business.
Catlin’s CPL Group places a significant emphasis on its underwriting and
claims management expertise. The CPL Group employs an experienced national
team of specialized construction underwriters who analyze each risk on its
individual merits and tailor coverage to address the unique exposures that
each client presents. In the event of a claim, Catlin’s underwriters work
closely with our in-house claims professionals to provide quality and
solution oriented claims management with an emphasis on avoiding,
controlling and minimizing the loss exposure to clients. Catlin offers a
unique risk management service to its contractor clients looking at risk
management from the perspective of avoiding professional liability claims
for the contractor.