XL Catlin insurance operations has recently added Naveed Khalidi and Michelle Jensen to its roster of Mergers and Acquisitions Insurance underwriters.

Mr Khalidi joins XL Catlin from Allied World Assurance Company, where he held the position of senior underwriter for transactional liability insurance. Prior to this, he served as senior claims analyst at Allied World, and at Uni-Term Claims Service Corporation.

Joseph Laws, head of M&A insurance, North America said: “Naveed is an expert in his field and will be an excellent addition to our team. His specialised background, and prior claims experience will help grow our business in the US while continuing to strengthen existing relationships with our clients and brokers.”

Ms Jensen joins XL Catlin from Ice Miller LLP where she practised as a mergers and acquisitions associate advising the firm’s M&A clients on complex business transactions spanning multiple industries.

Michael McGowan, head of M&A Insurance, North America who co-leads XL Catlin’s M&A practice alongside Mr Laws said: “Michelle’s legal experience executing M&A and private equity transactions as well as her experience negotiating transactional risk insurance coverage for such deals will be an asset to our team. She is a great addition to our growing roster of talented underwriters”

XL Catlin offers M&A insurance for various risks associated with mergers and acquisitions, divestitures, spin-offs, private equity investments and other commercial transactions. The M&A insurance group provides bespoke coverage and unique risk-shifting arrangements that can help facilitate transactions and add value for all parties.