Press Release

Issued by XL Catlin.

February 5, 2018

XL Catlin has enhanced its recently launched online pleasure and business (P&B) aviation insurance platform, VB Bind Speed, with added, instant servicing options for brokers.

"Our VB Bind Speed platform boosted our own underwriting velocity, helping us respond more quickly to protect our clients' aviation interests and assets," said Eric Donofrio, North America regional manager of XL Catlin's aviation insurance business. "Now, with these further enhancements, we're giving our brokers instant online access to certificates, endorsements and routine servicing features to serve our mutual clients and address their changing insurance requirements quickly and efficiently."

VB Bind Speed's new "Service Policy" capabilities provide brokers with a number of instant policy servicing options including:

- Instant generation of a broad variety of insurance certificates and associated endorsements;

- Easy access to make routine changes to policy, including the addition and deletion of pilots/aircrafts and issue required updated endorsements

- The ability to call up an easy-to-view snapshot of relevant policyholder information , including full data on aircraft, pilots, limits and a complete repository of all policy documents.

- Streamlined cancellation and renewal processing

XL Catlin's VB Bind Speed aviation insurance platform provides aviation brokers convenient online access to P&B aircraft insurance quotes, and then binds coverage for instant delivery of policies to eligible accounts. The system's features include auto-generation of quotes, invoices and full policy documents upon binding in PDF format.

The platform is accessed through AeroQuote or directly from XL Catlin's broker portal. For access to VB Bind Speed or for any other inquiries, please contact your local XL Catlin Aviation underwriter or send an email to: Vbindspeed@xlcatlin.com

With underwriters and dedicated aviation claims specialists based in New York, Boston, Chicago, San Francisco, Toronto and Calgary, XL Catlin's North America aviation team offers a suite of aviation insurance coverages for traditional and specialized companies, including major and regional airlines and corporate fleets, through to component manufacturers and fixed-base airport operators.