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Michael LaRocca Named Chief Underwriting Officer of XL Group's North America Property Business

NEW YORK, Aug. 7, 2014 /PRNewswire/ -- XL Group's Insurance Operations today announced the appointment of Michael LaRocca as its Chief Underwriting Officer in its North America Property business. Mr. LaRocca will be based in XL's New York office and report to Michele Sansone, President of XL's North America Property unit.

Commenting on the appointment, Ms. Sansone said: "Mike's 25 years of experience providing insurance and risk engineering services to complex property risks aligns very well with our growing book of large commercial property risks. In his new role, Mike will help our property underwriting teams in the US, Canada and Bermuda maintain consistent underwriting practice and standards that will help us grow wisely and provide  our clients with the property coverage, risk engineering and claims services they need to keep their employees safe and their properties well protected."

Mr. LaRocca joins XL Group from AIG where he served as Vice President and Northeast Zonal Leader for Large Property accounts. His insurance career also includes positions with Zurich and Gerling America Insurance Company, where he held positions in underwriting management and developed an in-house risk engineering department. Mr. LaRocca earned his Bachelor of Science degree in Electrical Engineering from Manhattan College in Riverdale, New York.  

XL Group's North America Property business meets the global and domestic property insurance needs for a wide variety of commercial businesses and industries. Coverages include Equipment Breakdown, General Property and Property for Energy companies, delivered by a dedicated team of underwriters, risk engineers and property claims managers who specialize in addressing large, complex property risks.

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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