XL Group adds Misc PI to product suite in Australia
(Melbourne, Australia) - May 02, 2013
XL Group today announced that it has added Miscellaneous Professional Indemnity to its suite of professional lines products offered in Australia.
Commenting, Rachel Thomson, Head of Professional Lines Australia, said: “We have expanded our Professional lines product suite to include Misc PI because we recognise the opportunity to provide flexible cover to meet the individual needs of those clients whose profiles fall outside the parameters of standard insurance schemes.
“We are looking to provide coverage to a broad range of professions, from agronomists to zoologists. We will also be providing cover to more traditional professions such as law firms, accountants, property managers and business consultants. In addition, we are able to consider professions for which brokers may have struggled to find the right insurance solution in the past.
Craig Langham, Regional Manager Asia Pacific, at XL Group’s Insurance operations said: “This new professional lines product is a welcome addition to our broad range of products in Australia and provides us with an opportunity to further diversify our existing professional lines portfolio and expand our growing insurance business in Australia.”
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 No.1 Hatch Street Upper, 4th Floor, Dublin 2, Ireland. To learn more, visit www.xlgroup.comXL Group is the global brand used by XL Group plc’s insurance and reinsurance subsidiaries.