Everything we do affects how others see us. Our success depends upon our reputation, for which all of us share responsibility.
Our ambition is to offer something unique to our clients, our stakeholders and each other. Bringing together some of the most experienced people in the market, being independent and starting with a new balance sheet offers an incredible opportunity to take a fresh approach. We are passionate about building a best practice business from scratch, using everything we have learned during our careers to deliver something new and innovative.
Stephen Catlin established the Catlin Underwriting Agencies syndicate at Lloyd’s in 1984. From there, it grew into a global insurer that regularly outperformed the market and wrote US$6bn in annual premium when it was acquired in 2015. In 2019, Catlin and Paul Brand co-founded Convex with $1.7bn of initial committed capital to underwrite insurance and reinsurance for complex specialty risks. The company received an A.M. Best rating of A- (Excellent) and regulatory approval to operate in London and Bermuda.
Life at Convex
We value the well-being of our people and have developed a benefits package that reflects what’s important to them. That includes straightforward and fair financial benefits, such as private medical insurance, a generous pension scheme and life insurance.
Working for a new company, and one that’s keen to earn its reputation, can be challenging. We find systems that help us to work as efficiently as possible, and make them even better.
To be different, it’s important that we recruit not just from all industries but from all backgrounds – without bias. We do this by blind-screening all applicants, running a sponsorship program in schools and offering internships to school leavers and undergraduates.