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XL XL Fleet Corp

1.14
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
XL Fleet Corp NYSE:XL NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.14 0 01:00:00

XL Catlin Unveils New Regional Structure/Leaders for Excess & Surplus- Casualty Business in US

03/09/2015 5:30pm

PR Newswire (US)


XL Fleet (NYSE:XL)
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NEW YORK, Sept. 3, 2015 /PRNewswire/ -- To boost efficiencies and direct expanded resources to provide insurance for the most complex, challenging business risks, XL Catlin's Excess & Surplus (E&S) Casualty business has unveiled a new geographically-focused structure and named three new regional leaders.  Coy Rudd is appointed East regional vice president in New York; Ankur Chokshi was named Central regional vice president, based in Chicago while Scott Noffsinger assumes the Western regional vice president role, working from Scottsdale, Arizona. 

According to John Goodloe, president of XL Catlin's E&S, Casualty team, "The integration of XL Group and Catlin Group's E&S capabilities has created a much larger, experienced and eager Casualty E&S operation. To make the most of our combined strength, greater capacity and broader risk appetite, we've restructured our team to align underwriters by geography to be in closer proximity to our brokers and clients and to stay on top of state requirements and related legal environments."

"The E&S market addresses some of the insurance market's most hard to place risks and to do so, it requires us to be in close contact with our clients who face these risks," said Joe Tocco, chief executive of XL Catlin's America's region. "Our new regional approach will help us communicate and collaborate with our appointed brokers regularly to address our customers' insurance requirements.  In turn, we'll continue to drive our already high standard of service even higher."

E&S Casualty product lines include commercial excess liability insurance coverage for contractors, products liability, general casualty, and transportation classes of business on both a primary and excess basis. XL Catlin's insurance segment US products are offered on a non-admitted basis and are distributed exclusively through licensed, appointed surplus lines wholesale brokers.

About the XL Catlin Insurance Operations

The XL Catlin insurance companies offer property, casualty, professional, financial lines and specialty insurance products globally. Businesses that are moving the world forward choose XL Catlin as their partner. To learn more, visit xlcatlin.com.

About XL Catlin

XL Catlin is the global brand used by XL Group plc's (NYSE:XL) insurance and reinsurance companies which provide property, casualty, professional and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world.  Clients look to XL Catlin for answers to their most complex risks and to help move their world forward. To learn more, visit xlcatlin.com.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/xl-catlin-unveils-new-regional-structureleaders-for-excess--surplus--casualty-business-in-us-300137654.html

SOURCE XL Catlin

Copyright 2015 PR Newswire

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