XL Insurance Names Gary S. Kaplan North American Construction Leader

NEW YORK, May 19 /PRNewswire-FirstCall/ -- XL Insurance, XL Capital Ltd's global insurance operations, today announced the appointment of Gary S. Kaplan to the newly created position of Executive Vice President and North America Construction Leader.  Mr. Kaplan will report to Dennis Kane, XL Insurance's Chief Executive of the North America P & C Unit.  He will be based in New York.

Commenting on Mr. Kaplan's appointment, Mr. Kane said:  "We are proud that XL Insurance continues to attract top talent such as a well-known industry leader like Gary.  He arrives here at a very opportune time -- a time when we are looking forward to align our industry-specific underwriting expertise with growth opportunities in our market."

Mr. Kaplan joins XL Insurance from Zurich North America Commercial where he served as president of its Construction Business Unit.  During his 15-year tenure with Zurich North America, he held several senior level positions in underwriting management, operational transformation, and strategic planning.    Mr. Kaplan's industry experience also includes energy, oil and chemical industry underwriting management positions with The Home Insurance Company and Industrial Risk Insurers.  He is a certified Construction Risk Insurance Specialist (CRIS).  

"Gary's industry experience and long-term commitment to the construction market adds more strength to our already solid base of construction underwriting expertise," said David Duclos, Chief Executive of XL's Insurance operations. "The risks associated with construction activity are often complex.  Helping manage these complex industry risks is where XL Insurance earns its reputation for solid technical underwriting expertise. We are excited to have Gary join our underwriting team as we continue to build on that reputation."

About XL Insurance

"XL Insurance" is the global brand used by member insurers of the XL Capital Ltd (NYSE: XL) group of companies. More information about XL Insurance is available at www.xlinsurance.com. XL Capital Ltd, 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. More information about XL Capital Ltd is available at www.xlcapital.com.

SOURCE XL Insurance

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