Convex is a newly formed international specialty insurer and reinsurer founded by Stephen Catlin and Paul Brand. With operations in London and Bermuda, Convex occupies a unique position in the insurance industry combining unrivalled experience, reputation and a legacy free balance sheet.
The management team
Co-founder, Chairman and CEO
Stephen Catlin
Co-founder and Deputy CEO
Paul Brand
CFO
Benjamin Meuli
General Counsel
Robina Malik
COO
Adrian Spieler
CUO Insurance
Douglas Howat
CUO Reinsurance
Matthew Paskin
Head of Portfolio Optimisation
Mark van Zanden
The history of Catlin
In 1984 Stephen Catlin founded his two-person syndicate Catlin Underwriting Agencies Limited at Lloyd’s of London (Lloyd’s). From there it grew into a global insurer that wrote US$6bn in annual premium volume when it was acquired in 2015. The Group operated out of six underwriting hubs, had offices in 55 countries, employed over 2,500 people and wrote over 30 classes of business.
Catlin owned the largest syndicate at Lloyd’s, regularly outperformed the market and its listing on the London Stock Exchange in 2004 was several times oversubscribed. Yet the reason for this success and growth is not down to one person, it was entirely down to teams of people who truly believed in the Catlin ethos and culture.
Contact us
UK office
WeWork
1 St Katharine’s Way
London E1W 1UN
UK
+44 (0)20 3886 0560
Bermuda office
2nd Floor
Dorchester House
Church St, Hamilton
Bermuda
Co-founder, Chairman and CEO
Stephen Catlin
- 45 years of insurance industry experience
- Founder and CEO of Catlin (1984-2015)
- Executive deputy chairman of XL Catlin (2015-17)
- Chairman of association of Bermuda insurers and reinsurers (2015-17)
Co-founder and Deputy CEO
Paul Brand
- 36 years of insurance industry experience
- 31 years of Catlin / XL Catlin (joined 1987)
- Chief underwriting officer of Catlin (2003-15)
- Chief underwriting officer (Insurance) of XL Group (2015-17)
- Chairman of Accelerate, XL Catlin’s in-house innovation team (2016-18)
CFO
Benjamin Meuli
- 40 years of insurance and finance experience
- Seven years at Catlin / XL Catlin (joined 2009)
- Chief investment officer of Swiss Re (2004-08)
- Various senior roles at Morgan Stanley and JP Morgan (1984-2004)
- Vice chairman of GAM Investments (since 2016)
General Counsel
Robina Malik
- Over 25 years of insurance and legal experience
- General Counsel, Head of Compliance, Risk and Regulatory Affairs for XL Catlin Asia Pacific (2012-2017)
- Commenced career in underwriting and claims on Energy, Marine and Liability accounts at Lloyd’s
COO
Adrian Spieler
- 25 years of insurance and asset management experience
- Chief platform officer for insurance and a member of the XL Catlin leadership team (2015 – 2018)
- Group Chief Administrative Officer and member of the group executive committee at Catlin (2012 – 2015). Led an ambitious transformation program, including setting up of a shared service centre in Wroclaw
- 17 years at Swiss Re, Chief Operating Officer Swiss Re Asset Management
CUO Insurance
Douglas Howat
- Douglas has 33 years of insurance industry experience
- Chief Executive of Global Lines (including Specialty) at XL Catlin (2017)
- Appointed to Group Underwriting Board in 2006, responsible for short tail direct business. In 2015 he was Chief Executive of the Energy, Property and Construction division
- Joined Catlin in 1989 as an assistant underwriter, subsequently being appointed class underwriters for the Energy and Energy/Marine Liabilities accounts and Head of the Energy Research team
- Started in 1985 where he worked in the marine claims departments of Eagle Star
CUO Reinsurance
Matthew Paskin
- Matt has over 35 years of insurance industry experience
- Became Chief Underwriting Officer of XL Catlin Re in 2015 at the integration of the new company
- At the time of the acquisition by XL, he was Chairman of Catlin REXCo
- Appointed Underwriting director at Catlin in 2002
- Joined Catlin in 1993 as a class underwriter for the Reinsurance account
- Joined EF Williams Syndicate in 1985 and appointed Treaty Underwriter in 1989
- Joined the insurance industry in 1982 at Pan Atlantic/Republic UK
Head of Portfolio Optimisation
Mark van Zanden
- Mark has 30 years of (re)insurance industry experience
- Joined Catlin in 2005 and was most recently Chief Executive of Underwriting Capital Management for AXA XL (2018)
- Mark’s career has included time at a reinsurance broker, as a consulting actuary, as an underwriter and within the ceded reinsurance and alternative capital areas
- Mark is an actuary and a charterholder of the financial analyst designation