XL Group Adds New Talent to Grow Wholesale Umbrella Business

CHICAGO, June 19, 2012 /PRNewswire/ -- With plans to grow its wholesale umbrella business, XL Group plc's (NYSE: XL) insurance operations adds Mary-Ellen (Mimi) Fiske as Vice President, Umbrella and Excess Manager to its Surplus Lines unit.    

"Our Surplus Lines unit has gone through a significant transformation over the last year," said Roxanne Mitchell, President of XL Group's Surplus Lines unit. "We've added property back to our product lineup, introduced new lines like excess auto and railroad insurance and expanded our wholesale distribution network.  As we look to expand our wholesale umbrella business, we're excited to have top-tier talent like Mimi join us and help drive growth in this product line."

Ms. Fiske joins XL's Chicago office, reporting to David Halm, Chief Underwriting Officer and head of XL Group's Surplus Lines Casualty business.

"Throughout her career, Mimi has been involved in start-up excess casualty divisions,"  Mr. Halm added.  "She adds nearly two decades of excess casualty and surplus lines experience to our strong talent base.  This is experience that will be well applied as we expand our underwriting activities with more wholesale brokers and look to grow our book of umbrella business."  

"Our goal is become a formidable competitor in the surplus lines market," Ms. Mitchell added.  "And attracting underwriting experts like Mimi is going to help us achieve that goal."

Ms. Fiske joins XL from Peachtree Special Risk in Chicago where she served as Vice President and Casualty Broker.  Prior to her tenure at Peachtree, she spent the last decade with Argo Group in Chicago where she most recently served as Vice President and Excess Casualty Division Manager, managing a large national book of excess and surplus risks.   Earlier in her career, Ms. Fiske held underwriting management positions with Liberty International and General Star Management in New York.  She is a graduate of Manhattan College and holds her Associate of Surplus Lines Insurance designation.  

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, 4th Floor, Dublin 2, Ireland. To learn more, visit www.xlgroup.com

SOURCE XL Group plc

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