XL Names New U.S. Insurance Exec

The insurance segment of XL Group named Michele Sansone SVP and eastern regional executive today. Reporting to Joseph Tocco, head of XL’s North America Property unit, Sansone is based in New York and is responsible for managing XL’s property underwriting activities and broker relationships throughout the eastern United States.

“She is high energy and passionate,” Tocco said. “That energy and passion drove her success in building profitable books of global property business throughout her career and will certainly be instrumental as we extend our added property capacity, along with our underwriting and risk engineering capabilities, to more businesses seeking to protect operations around the world,” he said, referring to XL’s recent increase to $750 million in property capacity available for businesses who buy full property coverage from its North America Property group.

Additionally, Sansone and her team will coordinate risk-engineering services for XL’s property clients through XL Global Asset Protection Services, its loss-prevention consulting firm.

Sansone joins XL from Zurich NA, where she spent 16 years; most recently serving as SVP and northeast regional manager, she was responsible for managing property underwriting operations in New York and Boston.