XL Group plc is adding six underwriters to its U.S. cyberliability underwriting group and appointed a new VP to its Select Professional group.
"You don't have to look far to find media coverage of network security breaches that can put customer information or proprietary data in the wrong hands and tarnish a company's reputation and customer loyalty,” says Scott Schleicher, XL Group's technology and cyber risk underwriting manager. “It costs plenty for a company to recover from an online security breach or other tech failure. Businesses are realizing how vulnerable they are to technology risks and are seeing more value in cyberliability insurance. By boosting our tech underwriting capabilities, we're better prepared to address our clients' cyberliability concerns.”
In New York, XL Group added Marcin Weryk and Maura Weikman as senior underwriters; Ryan Gibney as underwriter; Dawn Simmons, formerly of the London office, is also joining XL's New York-based tech/cyberliability team as senior underwriter. Simmons joined XL Group in 2010 and launched XL's cyberliability products in Europe.
XL also opened regional underwriting operations, adding Joel Fehrman as an underwriter in Atlanta; Vernon W. Suckerman as senior underwriter in Chicago; and Steve Anderson as senior underwriter in Dallas.
XL Group's Select Professional group also appointed John Coletti, formerly of CAN, to VP. Coletti will report to Don Allard, chief underwriting officer of XL Group's Select Professional business.
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