XL Group has appointed David Guest as Underwriting Manager, Crisis Management, Asia.
Stephen Ashwell, Chief Underwriting Officer, Crisis Management, XL Group said: “David, now based in Singapore, is the latest addition and a key member of our new Crisis Management unit. He is charged with building a talented team and growing XL Group’s crisis management product offering in the Asia Pacific region.
“He has extensive experience of helping clients globally understand and identify the risks their businesses face. He has real expertise in assisting clients in making decisions about how to best manage, mitigate and insure these risks.”
Mr. Ashwell continued: “As markets and businesses become more and more connected companies worldwide are increasingly looking to insurers to provide cover for their people and assets, especially when they are operating in countries and territories prone to political instability.”
XL Group’s Crisis Management team offers Product Recall and War, Terrorism and Political Violence insurance cover and will be developing Kidnap & Ransom and Personal Accident products for corporate clients. These products will be available globally and will be written out of three hubs: London, Singapore and New York.
Mr. Guest joins XL Group from Hiscox where he held the position of Global Product Head, War, Terrorism and Political Violence. He was a long-standing member of the Lloyd's Market Association Terrorism and Political Violence Panel on which he has served as Deputy Chairman.
At XL Group Mr. Guest reports to Stephen Ashwell, Chief Underwriting Officer, who joined XL Group earlier in the year to head up the company’s new Crisis Management team.
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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 www.xlgroup.com
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