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XL Group's Marine Insurance Team Expands In Chicago To Target More Midwest Business

Stocks in this article: XL

CHICAGO, Aug. 21, 2012 /PRNewswire/ -- To grow its business with brokers and clients throughout the Midwest, the Marine insurance operations of XL Group plc (NYSE: XL) announced the expansion of its regional underwriting capabilities, adding Pete Shepeck, Brian Stockton, and Jeannine Liebig to its Chicago office.

"We continue to build out one of the best underwriting teams in the marine business," said Rich DeSimone, President of XL Group's North America Marine business.  "We're especially pleased to lure Pete to XL with exciting opportunities and growth aspirations.  By expanding our regional underwriting resources with skilled, knowledgeable team additions like Pete, Brian and Jeannine and continuing to add market-leading products to our portfolio, we'll be the best marine solution for our brokers and agents, not only in the Midwest, but throughout North America."

Mr. Shepeck joins XL as Regional Vice President, North America Marine. Well-known throughout the region, most recently with Alterra Insurance, Mr. Shepeck's 35+ year marine insurance career also included regional management and underwriting positions with St. Paul and then Travelers Insurance where he served as Regional Vice President, Ocean Marine.  He is a graduate of University of Wisconsin, Whitewater, with a degree in Business Administration, majoring in Finance.

Mr. Stockton joins the team as Executive Underwriter from The Hartford Insurance Group where, as senior marine sales underwriter, he managed a significant book of inland marine, ocean marine and property business.  In addition, Mr. Stockton also brings broker experience, having worked for the Lockton Companies as an account manager. He is a graduate of the University of Kansas. 

Ms. Liebig brings more than 20 years of marine underwriting support experience to the team as an underwriting assistant.  She joins XL from Navigators Management Company. Her career also includes underwriting support positions with Travelers, Fireman's Fund and William H. McGee & Company, all based in Chicago. 

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.

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