New Country Manager and Deputy COO Appointed for XL Insurance Operations in the UK and Ireland
London, England - February 08, 2006
LONDON, Feb. 8 -- Clive Tobin, Chief Executive responsible for XL Capital Ltd's ("XL") insurance operations ("XL Insurance"), today announced further organizational changes within XL's UK office.Donal Kelly, who has been with the XL Capital Group for six years, has been appointed Country Manager and Deputy Chief Operating Officer for the UK and Ireland regions. He replaces Eileen McCusker who is now Chief Operating Officer for the UK and Ireland regions. Mr. Kelly will report to Mrs. McCusker in his new role. Mrs. McCusker, who in her former role also had management responsibility for Scandinavia, will retain responsibility for that region.Prior to his new position, Mr. Kelly was Head of Client Relationship Management for the UK and Ireland with responsibility for the Sales and Marketing function in the region. He joined the XL Capital Group in February 2000 when he was appointed as Vice President for XL Europe Ltd's London Business Unit. Prior to joining the XL group, Mr. Kelly spent 13 years with America International Group's Bermuda and London operations where he was responsible for managing the department handling AIG's major global captive programmes.Mrs. McCusker said: "This appointment is a continuation of our strategic plan to integrate our Underwriting, Regional Management and Sales operations. I believe Donal's extensive experience of Client Relationship Management will help us to deliver more robust and better integrated support to our customers as we continue to grow our insurance operations in the UK and Ireland."Mr. Tobin also announced that Dermot O'Donohoe, Chief Underwriting Officer of XL Insurance's Specialty Operations, is expected to assume the position of Active Underwriter following the resignation of Paul Drake, Active Underwriter of XL's Lloyd's Syndicate 1209. Mr. O'Donohoe's appointment is subject to the necessary XL London Market Ltd Board and regulatory approvals.Mr. O'Donohoe joined XL in 1991 as a Professional Lines underwriter and progressed to Chief Underwriting Officer before becoming President and Chief Executive Officer of XL Europe Ltd and Chief Executive Officer of XL Insurance Company Ltd in December 2002. He has been a member of the XL Insurance Executive Board since 2004.Mr. Tobin said: "Lloyd's is an important component in our Insurance Operations. Dermot's strong leadership and acute business expertise coupled with his experience of the Lloyd's market will enhance XL Insurance's focus on providing quality service and products to brokers and clients across all markets."He added: "I would like to take this opportunity to thank Paul for his valuable contribution to the XL Capital Group, particularly in terms of his efforts in managing our Lloyd's platform, and I wish him well in the future.""XL Insurance" is the brand name used by XL Capital Ltd's global insurance operations. XL Capital Ltd, through its operating subsidiaries, is a leading provider of insurance and reinsurance coverages and financial products to industrial, commercial and professional service firms, insurance companies and other enterprises on a worldwide basis. For more information on the XL Capital Group of companies, visit www.xlgroup.com.
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