To grow its business with middle market clients and brokers, XL Group plc’s (NYSE: XL) insurance operations (“XL Group”) has today announced that it is opening an office in Manchester, UK. It has also appointed Mick Turvey as Regional Underwriting Manager, UK Middle Markets, to head-up the new operation.
Denis Burniston, Chief Underwriting Officer, UK & Ireland Middle Markets, said: “Clients and brokers in the middle market segment appreciate having local access to the expertise they need to address their risks. Opening an office in Manchester will contribute to the regional presence we have established through our Birmingham office and further demonstrates our commitment to regional brokers and business in the UK.
Mr. Turvey’s 24 year experience in the insurance industry, most recently as Regional Underwriting Manager for Mitsui Sumitomo Insurance, will allow us to further strengthen our services to the regional broker community and their clients.
The latest economic reports signal that conditions for UK middle market clients remain mixed; UK manufacturing production has continued to expand at the start of 2013, following a further increase in new orders and ongoing efforts to clear backlogs.
In addition to providing these companies with coverage for their UK operations, XL Group is especially well placed to support those expanding outside of the UK.
Mr. Burniston concluded: “Manchester is a key insurance hub in the UK and has a great talent pool of insurance professionals.”
Additionally, XL Group is looking to recruit two underwriters for the new Manchester office.
About XL Group plc
XL Group plc, 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, Dublin2, Ireland. To learn more, visit xlgroup.com
About XL’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.
XL Group is the global brand used by XL Group plc’s insurance subsidiaries.