Thursday, April 10, 2008

XL Insurance Forms Global Product Development Team

XL Insurance, the global insurance operations of XL Capital Ltd., announced the formation of a global Product Development team to further address customers' risk management needs.

The team will work with XL Insurance business units, customers, and brokers to identify, develop and implement innovative new products. They will also evaluate existing products and identify opportunities for enhancement.

Nigel Mortimer, based in Bermuda, has been appointed as senior vice president and director of Product Development for XL Insurance. In addition, William (Bill) Burrows, based in Hartford, Connecticut, has been appointed as vice president of New Product Development - North America and Laurence Flynn, based in London, U.K., has been appointed as vice president of New Product Development - U.K. & Ireland. An additional hire will be made in Europe to build out the team.

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