XL Insurance appoints Tony Cabot as Director of Global Programs
HAMILTON, BERMUDA - March 26, 2009
ZURICH, Switzerland – March 26, 2009 – XL Insurance, the global insurance operations of XL Capital Ltd (NYSE: XL), today announced that it has appointed Tony Cabot as Director of Global Programs.Based in Zurich, in his role as Director of Global Programs Mr. Cabot is responsible for leading the unit that provides multinational clients with compliant and relevant solutions to manage their complex risk management and risk transfer needs across all territories. By leveraging its underwriting expertise across the Property, Casualty, Professional and Specialty lines, and its global network, XL Insurance participates in approximately 1’400 global programs for many of the world’s multinational companies.Mr. Cabot brings over twenty five years of experience in the insurance industry to this role, having held various management positions within XL Insurance over the past ten years including Country Manager for Italy and management roles in Sales, Marketing and Client Relations. He takes on this role in addition to his current responsibility as Product Development Manager for Continental Europe and Asia.Commenting on Mr. Cabot’s appointment, David Duclos, Chief Executive Officer of XL Insurance, said: “I am delighted that we can count on Tony Cabot’s multinational experience, innovative thinking and effective management skills to further strengthen XL Insurance’s well recognised position as one of the leading Global Program providers.” He further added: “Tony’s responsibility to accelerate delivery of innovative products and services that better respond to customers’ needs complements our key Global Program capabilities, such as the ability to deliver to clients consolidated program information from our single IT platform.”XL Insurance has been underwriting global insurance programs for over two decades through its owned operations and partner network. It presently has the ability to serve clients in over 100 countries around the world.About XL Insurance "XL Insurance" is the global brand used by member insurers of the XL Capital Ltd (NYSE: XL) group of companies. More information about XL Insurance and its products are available at www.xlinsurance.com. Through its operating subsidiaries, XL Capital Group is a leading provider of global insurance and reinsurance coverage and services to industrial, commercial and professional service firms, insurance companies, and other enterprises on a worldwide basis. More information about XL Capital Ltd is available at www.xlgroup.com.
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