SAO PAULO, BRAZIL – September 25, 2014 – XL Group today announced that it is moving its local Brazilian operations to a new, larger office on Avenida Brigadeiro Faria Lima in Sao Paulo. The move is driven by the growth of its insurance operation in the country and the desire to be in closer proximity to brokers and clients.
Renato Rodrigues, Country Manager of XL Group’s insurance operation in Brazil, commented: “In Brazil, our plan has been to grow our market presence step by step, in line with developing market needs. Starting with our operations with less than 15 colleagues in July 2012, our team has grown to more than 50 today. The growth of our portfolio reflects the dedicated and successful execution of our strategy.”
He added: “Our new space reflects our modern, bold and flexible approach to developing insurance solutions that enable our clients to move their business forward, whether that means creating new products, starting new ventures or expanding into new markets.”
XL Group’s new address in Sao Paulo is:
Avenida Brigadeiro Faria Lima, 4300 – 4º andar
CEP 04538-132 – Itaim Bibi – São Paulo – SP – BrazilThe contact numbers stay the same: Tel. +55 11 3513 9290 and Fax +55 11 3513 9279
# # #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. To learn more, visit xlgroup.comXL Group is the global brand used by XL Group plc’s insurance and reinsurance subsidiaries.