This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

XL Group Builds Up US Risk Management Talent In New York

Stocks in this article: XL

NEW YORK, Nov. 6, 2012 /PRNewswire/ -- XL Group plc's (NYSE: XL) US Risk Management business is adding and redeploying talent in its New York office to boost its resources for addressing businesses' most complex casualty insurance needs.  The company announced the addition of James Barbuti as its US Risk Management Leader for the East Coast and the appointment of David Kelly to a new home office role as Senior Vice President of US Risk Management.  Both report to Jay Lefkowitz, head of US Risk Management.

According to Mr. Lefkowitz, "Jim's knowledge and relationships in both New York and the Mid-Atlantic marketplace is extensive and will be invaluable to us as we strengthen our broker relationships and our reputation for creatively addressing large complex casualty accounts. We're pleased to gain Jim's help to build on our recent successes."

"David is stepping into a new role to focus on building our captive capabilities. He will assist our regional underwriting teams in addressing various captive fronting, single parent, small group captive, and other unique risk management account opportunities," Mr. Lefkowitz noted.  "We're also tapping into Dave's extensive home office operation experience to assist in several planned underwriting process and operational enhancements."

Mr. Barbuti joins XL from ACE where he has worked for the past 10 years in both Philadelphia and NY running the risk management operations.  He brings more than 25 years of risk management experience to the business working on both the carrier and brokerage side, including positions Johnson & Higgins and Alexander & Alexander, both in New York, and Legion Insurance Company in Philadelphia. Mr. Barbuti holds a bachelor's degree from St. John's University and an MBA from Hofstra University.

David Kelly joined XL Group's US Risk Management team in 2003 after 23 years with Kemper Insurance where he most recently served as Chief Underwriting Officer at Kemper Risk Management.  He is a graduate of the University of Puget Sound in Washington State.    

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 www.xlgroup.com/insurance

XL Group is the global brand used by XL Group plc's insurance subsidiaries .

About XL Group plcXL 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, 4 th Floor, Dublin 2, Ireland. To learn more, visit www.xlgroup.com

SOURCE XL Group

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,827.75 +12.81 0.07%
S&P 500 2,072.83 +5.80 0.28%
NASDAQ 4,787.3170 +29.0650 0.61%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs