XL Catlin launches Environmental insurance solution in Italy and appoints Ombretta Martinelli as Senior Environmental Underwriter
Milano, Italy - October 20, 2016
XL Catlin’s insurance operations in Italy today announced the launch of its Environmental insurance solution and the appointment of Ombretta Martinelli as Senior Environmental Underwriter.Simona Fumagalli, XL Catlin’s Country Manager Insurance for Italy, said: “Businesses in Italy are increasingly exposed to environmental risk as they pursue growth by operating internationally. Getting their insurance coverage right, making sure it is compliant with the environmental laws and regulations in Italy and also in all the geographies a company is operating in, is central to these businesses’ success. That is why we have invested in our talent and why I am delighted to welcome Ombretta to our team. Her broad industry experience, specialisation in global programs and thorough knowledge of the insurance market in Italy will enable us to provide outstanding service to our clients and brokers.”Adias Gerbaud, who was recently promoted to Underwriting Manager for Environmental, EMEA, said: “Our Environmental insurance provides comprehensive coverage for clean-up, restoration, full legal defence costs, personal and environmental compensation, crisis management consulting, and business interruption. A key part of our policy is its longevity, because restoration of the environment to the original baseline can take years. Our ability to streamline all of this coverage within a global program provides true advantages to our clients and brokers."She added: “Investing in local talent is part of XL Catlin’s strategy and I’m very pleased that Ombretta has joined us. Her dual background in engineering and underwriting makes her a great asset for the team.”Ms. Martinelli has 7 years’ experience in Environmental insurance. She started her career as an Environmental Engineer before joining AIG’s operations in Italy as an Underwriter, specialising in environmental risks and global programs. Ms. Martinelli holds a Master of Science in Environmental Engineering from Politecnico University of Milan.About XL Catlin’s Insurance OperationsXL Catlin insurance companies offer property, casualty, professional, financial lines and specialty insurance products globally. Businesses that are moving the world forward choose XL Catlin as their partner. To learn more, visit xlcatlin.com.About XL CatlinXL Catlin is the global brand used by XL Group Ltd’s (NYSE:XL) insurance and reinsurance companies which provide property, casualty, professional and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world. Clients look to XL Catlin for answers to their most complex risks and to help move their world forward. To learn more, visit xlcatlin.com.