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The former Aegis London finance director will join in September.
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The deal involves both auto and property lines and will allow QBE to focus on other sectors.
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The team, led by Paul Jenkins, is understood to be in consultation.
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Legacy deal talks with Maiden have stalled, leaving Catalina as a meaningful investor in a challenged business with a potentially highly volatile share price.
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Founder and chairman Sir Peter Wood to stay on post-deal and reinvest £50mn into the company.
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The catastrophe modelling firm assesses wildfire risk within the 13 westernmost bordering US states.
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The legacy carrier and consultancy SOBC Corp have jointly acquired the non-standard auto insurer in run-off.
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The new MGA business will target car clubs and complex “one-off” risks.
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Some 92.6 percent of residential claims have now been paid.
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The combined Ranch and River Fires now threaten 10,300 buildings.
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The deal comes after Tokio Marine co-led a $90mn financing round for the InsurTech.
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Flooding in Laos, Cambodia and Vietnam could result in litigation.
