29 May 2014News

XL bulks US excess casualty team; sharpens industry focus

XL Group has enhanced its excess casualty team in New York and Atlanta to accommodate its continued growth.

The team expansion will also allow the company to sharpen its focus on target industries, including real estate, hospitality, grocers, restaurants and retail. 

In New York, XL has hired Tiffani Ann Earwood, Susan E. Stevens and John Russomanno as senior underwriters. Mary Guiney joins XL Group’s Atlanta office, also as senior underwriter. 

According to Lorraine Seib, president of XL Group’s global excess casualty business, “We are well on our way to being one of the commercial insurance market’s top three lead umbrella and excess liability markets.”

Earwood joins XL with more than a decade of profitable excess underwriting experience, most recently with Ironshore. Stevens rejoins the company after pursuing other business opportunities, bringing back with her 20 years of excess underwriting and management experience, including positions with ACE and Chubb.

Russomanno joins XL from Traveler’s excess casualty business and adds another decade of experience dedicated to providing clients with umbrella and excess casualty coverage. Guiney brings to the Atlanta office another two decades of excess casualty underwriting experience and management experience, including positions with Kemper and AIG. 

“With more than 50 years of collective excess casualty underwriting experience, our new colleagues add significant bandwidth to accommodate our growing book of business,” says Lou Forte, XL’s Eastern zone executive, excess casualty. He continues, “As we enhance our team, we also continue to enhance our coverage, particularly tailoring coverage to targeted industries that we’re uniquely equipped to assist.” 

XL Group’s excess casualty business’ latest policy enhancements address specific needs of the real estate, grocers, hospitality, retail and restaurants industries. Among the new enhancements that are further tailored to these industries are:

  • Supplementary coverage to address such risks as “Bodily Injury” or “Property Damage” resulting from fungi, molds, spores, bacteria, mildew or yeast
  • Coverage to address “Bodily Injury” or “Property Damage” resulting from Legionnaire’s Disease
  • Coverage to address risks related to pesticide, herbicide or fungicide applications
  • Liquor Liability.