CHICAGO, Aug. 25, 2011 /PRNewswire/ -- XL Insurance, the
global underwriting operations of XL Group plc (NYSE: XL), today
announced the addition of Ronald E.
Beauregard, Jr. as Senior Vice President and Chief
Underwriting Officer for its Excess & Surplus Property
business. Based in Boston,
Mr. Beauregard reports to Roxanne
Mitchell, President of XL Insurance's Excess & Surplus
(E&S) unit.
Commenting on the appointment, Ms. Mitchell said: "Ron brings a
strong combination of underwriting and engineering experience.
With this expertise, he has built a strong reputation in our
industry for skillfully developing a profitable E&S property
book, even under challenging market conditions. His property
underwriting proficiency, combined with our existing casualty
underwriting expertise, puts us on strong ground as we look to
enhance our surplus lines products and distribution to wisely grow
our E&S business."
Mr. Beauregard joins XL Insurance from Lexington Insurance
Company in Boston where he served
as Zonal Property Executive, responsible for property underwriting
operations in the Northeast region including offices in
Boston, Hartford,
Philadelphia, Washington, DC and Pittsburgh. Prior to his tenure with
Lexington, Mr. Beauregard's
professional career also included various underwriting management
and loss control positions with AON, FM Global Insurance Company
and Factory Mutual Engineering. He earned a Bachelor of
Science degree in electrical engineering from the University of Massachusetts – Lowell.
About XL Insurance
XL Insurance is the global brand used by XL Group plc's
insurance companies and underwriting divisions offering property,
casualty, professional and specialty insurance products throughout
the world. More information about XL Insurance is available at
www.xlinsurance.com.
XL was formed in 1986 in response to the unmet risk management
needs of 68 of the world's largest companies. This year, as XL
celebrates its 25th anniversary, it remains the company clients
look to for innovative insurance and reinsurance solutions for
their most complex risks. XL Group plc, 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 on a worldwide basis. Its principal
offices are located at No. 1 Hatch Street Upper, 4th Floor,
Dublin 2, Ireland. More information about XL Group plc
is available at www.xlgroup.com
SOURCE XL Insurance