Catlin hails its new chief science officer

WEDNESDAY, OCT. 10: Catlin Group Ltd says the appointment of Mike Maran as its new chief science officer reinforces its focus on this area of risk.

The Bermuda-based international specialty property/casualty insurer and reinsurer said Maran will work with Catlin underwriters, risk modellers, actuaries and other employees to improve the Group’s capabilities by reviewing the scientific aspects of risks.

Maran, who joined Catlin in 2002 as class underwriter for the Space Account was later promoted to senior underwriter and then to deputy business group leader for the Aerospace business group. He will continue to be based in London.

As part of his new role, he will also identify new underwriting opportunities for Catlin created by scientific progress, and he will serve as an advisor for various activities related to science, such as the current Catlin Seaview Survey.

Paul Brand, Catlin’s chief underwriting officer, said: “Catlin is well-known in the insurance industry as a company that embraces scientific research, best demonstrated by our sponsorship of the Catlin Arctic Survey and now the Catlin Seaview Survey.

“Mike’s appointment as chief science officer for the Catlin Group further underscores our deep interest in science, especially how scientific issues can impact insurers and policyholders. Mike will work with employees throughout the Group to advise them on issues relating to science and help them better apply scientific knowledge to their day-to-day activities.”