XL Group's Excess Casualty Business Continues Growth Spurt, Adding Underwriting Expertise in San Francisco

SAN FRANCISCO, June 19, 2014 /PRNewswire/ -- XL Group's global Excess Casualty team is growing bigger, now with the addition of Joanne Damsky as senior underwriter in San Francisco. Ms. Damsky reports to Matt Stitham, Vice President of Excess Casualty's Western zone.

"XL was born out of a need for quality excess insurance, at a time when some of our country's largest companies could not get the coverage they needed," according to Lorraine Seib, President of XL Group's global Excess Casualty business. "We've spent the last 25 plus years fulfilling those needs by growing a global team with underwriting operations in Bermuda; Dublin, Ireland; New York; Chicago; Dallas; Exton, Pennsylvania; and San Francisco.  We're excited to continue our geographical expansion by attracting talent like Joanne to our San Francisco team."   

"The western US offers tremendous growth opportunities for us," said Mr. Stitham.  "We're looking forward to growing our excess book, especially our umbrella and Upper Middle Market business, by serving businesses who value our technical expertise and experience handling complex business risks.  By attracting seasoned excess underwriters like Joanne to join our team, we are well-positioned to do so." 

Ms. Damsky is a 20-year insurance industry veteran with extensive experience in the excess casualty market.  She joins XL Group from Chubb Insurance Group where as a senior underwriting officer; she was responsible for building a profitable book of excess and umbrella insurance business.

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.

SOURCE XL Group

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