XL Group yesterday hosted a Construction Seminar, focused on the opportunities and challenges presented when insuring very large projects. Representatives from Spain’s foremost construction, engineering and energy companies, as well as brokers, attended the event.
Foreign speakers at the seminar included Patricia Toso, President of the Peruvian Risk Managers Association and Max Benz, XL Group’s Construction Underwriting Manager International.
Speaking at the event, Max Benz commented: “With their already significant international experience, Spanish companies are extremely well positioned to take advantage of the growing global demand for infrastructure, which from 2013 to 2030 is estimated to represent USD 60 trillion. Francisco Triviño, Underwriting Manager Property Iberia & Latin America for XL Group, added: “To secure an efficient risk transfer for works of these dimensions, companies need insurers at their side who have the experience and capacity to provide answers to complex risks, in very different parts of the world.”
Bruno Laval, Regional Manager Iberia & Latin America for XL Group, highlighted:
“Our global network allows us to serve Spanish construction companies seeking business opportunities abroad in more than 140 countries. This has been a key asset which has allowed our company to grow even amidst the economic challenges our country faces.”
Dedicated to providing answers to complex risks, XL Group’s teams work closely with risk managers and brokers to achieve excellence and innovation in risk management.
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. Its principal offices are located at XL House, 8 St. Stephen’s Green, Dublin 2, Ireland. To learn more, visit xlgroup.com
XL Group is the global brand used by XL Group plc’s insurance and reinsurance subsidiaries.