XL Catlin Inaugurates Its Shared Services Office in India

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Representative Image Courtesy: glassdoor.co.uk

XL Catlin announces the opening of its new office in Gugaon at the DLF World Tech Parkin. The new office is for the company’s Shared Services operations, which provide vital underwriting support, claims administration, actuarial services, finance and accounting related to insurance business for XL Catlin’s teams across the world.

Located in Gurgaon’s Sector 30, XL Catlin’s new office covers an area of 180,000 sqft – allowing it to bring approximately 1,300 colleagues together under one roof from two of its previous offices at the Bestech Business Tower and DLF Cyber City.

Derek Nazareth, Head of Global Operations and Country Head for India, XL Catlin

Commenting, Derek Nazareth, XL Catlin’s Head of Global Operations and Country Head for India, stated: “We are delighted to announce the opening of our new office at World Tech Park, providing our staff with a world class, modern and flexible workspace which meets XL Catlin’s environmental sustainability commitments.The building was designed to meetLeadership in Energy & Environmental Design (LEED) standards, incorporatingsolar panels and energy efficient LED lighting to reduce our environmental impact.”

“Seeking out the best local talent in each of our markets has always been a key focus for XL Catlin.We have had offices in India for over 10 years now, with some exceptional colleagues making up our existing teams here in Gurgaon and in Bangalore, where around 350 colleagues are based.We continue to invest in our leadership and recently appointed Sumit Chadha as Head of our Enterprise Shared Services, and we are looking to significantly strengthen our existing teams and recruit top talent, in this vibrant, well-connected part of Gurgaon,” added Nazareth.

The opening of the new office was attended by several senior XL Catlin executives including; Myron Hendry, Chief Platform Officer and Adrian Spieler, Insurance Platform Officer.

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