XL Group Adds Joseph Moylan to North America Property Team

NEW YORK, Jan. 2, 2013 /PRNewswire/ -- To serve property insurance clients throughout the Northeast, XL Group plc's (NYSE: XL) North America Property business announced the appointment of Joseph Moylan as its Northeast Regional Manager.  Based in New York, Mr. Moylan reports to Michele Sansone, Eastern Zone Executive in XL's North America Property.

"Quality insurance coverage, risk engineering that can help minimize future damage, and fair claims handling are valued more than ever, especially as this region continues to recover from Superstorm Sandy," said Ms. Sansone.  "That's why we're so excited about our new addition.  Joe's considerable underwriting, marketing and business development experience adds more bench strength to an already strong team. Joe understands the value of teamwork.  He understands that XL's approach to property protection is a team effort. Working together with our global risk engineers and dedicated property claims team, we provide so much more than a property policy." 

Commenting on the appointment, Joe Tocco, head of XL Group's North America Property and XL Global Asset Protection Services (XL GAPS), said, "We are in growth mode.  That's why we are so pleased to add someone of Joe's caliber to our team.  His knowledge of the market, three decades of disciplined underwriting experience and insight of businesses' property risks, including business interruption, is a significant enhancement to our team and will prove very beneficial to our clients in the Northeast, whether they are looking to protect their property here in the US or tap into our global network to buy property protection wherever on earth they operate."   

Mr. Moylan joins XL Group from Axis Capital, were he served as Senior Vice President and Regional Manager and most recently built a new middle market property underwriting unit in the Northeast.  He brings more than 30 years of underwriting property and inland marine risks for Zurich Insurance Company, Home Insurance Company, AIG, and William H. McGee & Company, among others.  Mr. Moylan is a graduate of Baruch College, New York. 

About XL'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 www.xlgroup.com\insurance

XL Group is the global brand used by XL Group plc's insurance subsidiaries.

About XL Group plc

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 throughout the world.   XL is the company clients look to for answers to their most complex risks and to help move their world forward. Its principal offices are located at No.1 Hatch Street Upper, 4^th Floor, Dublin 2, Ireland. To learn more, visit www.xlgroup.com

SOURCE XL Group