CHICAGO, March 4, 2015 /PRNewswire/ -- XL Group's Excess
& Surplus (E&S) insurance team is expanding, adding
Andrew Miller as underwriting
manager for its newest product line, primary auto.
According to John Goodloe,
President of XL Group's E&S business, "Over the last several
years, XL Group has built up unique capabilities adding more talent
to our team and products to our portfolio. We've also built a
strong reputation for effectively insuring distressed,
hard-to-place risks. Insuring transportation risks can be a
challenging proposition. We've seen considerable success and
profitable growth in our excess auto business and now we are
pleased to extend our capacity and new underwriting capabilities to
address our clients' primary auto insurance needs."
"Difficult risks require a customized approach," explained Mr.
Goodloe. "Under Andy's leadership, and employing his
extensive transportation underwriting experience, that's what we
plan to do. With the help of our partner brokers, we'll take a
customized, creative approach to address our clients' most
challenging transportation risks."
Mr. Miller joins XL Group's Chicago office with more than a dozen years of
transportation insurance industry experience most recently as an
underwriting manager with Vanliner Insurance Company a division of
National Interstate. In his new role, he will be responsible
for launching XL Group's E&S primary auto product
line.
Mr. Miller reports to Michael
Gramm, Vice President of Excess Casualty, E&S, who
added:
"Initially, in a limited launch to partner brokers, we'll roll
out our new primary auto coverage to our target markets that
include a variety of transportation risks including trucking,
public auto, commercial auto risks. Our intent is to
gradually ramp up our primary auto operation to give ample
attention to these tough risks and work with our broker partners to
tailor workable insurance solutions."
XL Group's new E&S primary auto coverage is available on an
occurrence-based following form policy with limits up to
$1.5 million. XL Group's
primary auto operation also has the ability to issue MCS-90
endorsements and post required filings. XL Group's coverage
is serviced by a dedicated team of licensed claims consultants with
an average of 27 years of claim handling experience.
About XL Group plc's Insurance Operations
XL Group plc's insurance companies offer property, casualty,
professional and specialty insurance products globally. Businesses
that are moving the world forward choose XL as their partner. To
learn more, visit xlgroup.com/insurance
About XL Group plc
XL Group plc (NYSE: XL), through its subsidiaries, is a global
insurance and reinsurance company providing property, casualty and
specialty products to industrial, commercial and professional
firms, insurance companies and other enterprises throughout the
world. XL is the company clients look to for answers to their
most complex risks and to help move their world forward. To learn
more, visit xlgroup.com
XL Group is the global brand used by XL Group plc's insurance
and reinsurance subsidiaries.
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SOURCE XL Group