EXTON, Pa., July 15 /PRNewswire-FirstCall/ -- XL Insurance, XL Capital
Ltd's global insurance operations, today named Scott Schleicher to manage its
Select Professional unit's Technology E&O book of business. XL Insurance also
announced the build out of its miscellaneous professional liability
underwriting team with the addition of three Senior Underwriters -- Stephen
Adam and Craig Wild in Hartford, CT, and Steven Anderson in Dallas, TX. Mr.
Schleicher will be based in XL Insurance's Exton, Pa. office.
According to Don Allard, Chief Underwriting Officer of XL Insurance's
Select Professional unit: 'We are pleased to bring together such a talented
underwriting team. Our professional liability coverages help protect
service-providers' livelihoods and thus need to be tailored to effectively
meet their specific risk management needs. Our clients will certainly benefit
from our teams' insight and extensive underwriting experience with the
specific service industries we serve.'
XL Insurance's Select Professional unit works with brokers and wholesalers
to address the Errors & Omission (E&O) insurance needs of small to mid-size
service providers including lawyers, consultants, TPAs, ad agencies,
franchisers, real estate agents, insurance agents, technology companies and
non-medical service providers.
'With businesses' reliance on technology, the issue of cyber liability is
becoming a bigger risk management issue for many of our clients. Data loss,
network hacking, or breaches of employee or customer information are a few of
the technology risks they face,' Mr. Allard added. 'Scott's experience will
be invaluable as he leads our efforts to address our clients' growing tech
risk management needs. His efforts are further supported by Steven, Craig and
Stephen, who also bring strong tech liability underwriting experience.'
Mr. Schleicher joins XL Insurance with two decades of broker and
underwriting experience including his most recent tenure with the Technology
Business Unit of ISG International, a division of Arthur J. Gallagher. He
will be responsible for XL Insurance's technology products which provide
network security, privacy liability and media liability coverage for various
industries.
Mr. Adam honed his miscellaneous professional liability experience with
underwriting positions at Aspen Specialty Insurance and Chubb Specialty.
Mr. Wild joins XL Insurance from Lee & Mason Financial Services where he
was the primary underwriter for a book of miscellaneous professional liability
business. His career includes various underwriting and management positions
with Guilford Specialty Group, Chubb, Executive Risk and The Aetna. He holds
Chartered Property & Casualty Underwriter (CPCU), Registered Professional
Liability Underwriter (RPLU) and Associate in Surplus Lines (ASLI)
designations.
Mr. Anderson's 15-year career includes underwriting positions with Retired
Directors Assurance Underwriting Services (RDAUS), RLI and Travelers, as well
as technical and sales engineering positions with Cisco Systems and Virtual
Village, Inc. He earned an RPLU designation as well.
About XL Insurance
'XL Insurance' is the global brand used by member insurers of the XL
Capital Ltd (NYSE: XL) group of companies. For more information about XL Tech
E&O coverage, visit: http://www.xlinsurance.com/xltech. More information about
XL Insurance is available at http://www.xlinsurance.com. Through its operating
subsidiaries, XL Capital Ltd is a leading provider of global insurance and
reinsurance coverage and services to industrial, commercial and professional
service 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
