This Day On The Street
Continue to site
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

XL Group Promotes Two In North America Property Business

NEW YORK, Jan. 31, 2014 /PRNewswire/ -- Continued growth and regional expansion is creating more opportunities for XL Group's North America Property team, including promotions for Michele Sansone to Chief Underwriting Officer  and Wade Pitman to the newly created role of Head of General Property.  Both report to Joseph Tocco, President of XL's North America Property unit.

"Over the last few years, our book of complex property risks has grown impressively and this has created opportunities for our team to grow with it," said Mr. Tocco. "In their prior positions, Michele and Wade both proved effective in managing XL's property underwriting activities in our East and West US zones and now, they are taking on larger underwriting management responsibilities, for all of North America."

"With more than 50 years of global property underwriting experience between them, Michele and Wade's knowledge of managing large global property risks is unrivalled," said Mr. Tocco.  "Given their proven track records and passion for this industry, we expect that they'll be very effective in driving our continued success and profitable growth in North America."

Ms. Sansone joined XL Group in 2011 and most recently served as Senior Vice President and Eastern Regional Executive.  In her new role, she will be responsible for establishing underwriting standards and protocols across XL Group's North America Property operation in her new role.  She is based in XL's New York office.

Mr. Pitman will assume management responsibility for XL's regional property underwriting operations in New York, Atlanta, Chicago, Dallas, Los Angeles and San Francisco.   In addition to providing property coverages, he and his team will assist in coordinating risk engineering services for XL's property clients through XL Global Asset Protection Services (XL GAPS), its loss prevention consulting firm.  Mr. Pitman also joined XL in 2011 as Senior Vice President and Western Senior Executive for Property.  Mr. Pitman will remain based in Los Angeles

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

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

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


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 This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,814.93 +2.74 0.02%
S&P 500 2,090.62 +1.48 0.07%
NASDAQ 5,120.3990 +17.5910 0.34%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs