18 June 2014 Insurance

XL appoints E&S chief from Scottsdale

XL Group has appointed John Goodloe, formerly of Scottsdale Insurance, to lead its excess & surplus (E&S) business.

As president, he will direct underwriting operations, product distribution and strategic growth plans for XL Group's multiline E&S operation, which includes property, primary casualty, umbrella, excess casualty, and excess auto lines of business.

Goodloe will be based in Chicago and report to Joe Tocco, chief executive of XL Group's North America property & casualty operations in New York.

Goodloe adds more than 30 years of specialty lines and reinsurance underwriting as well as management and wholesale brokerage experience to the team.

He most recently served as senior vice president, brokerage for the Scottsdale Insurance Company. Prior to that, he was president of Facultative Resources,and president of the Admiral Excess, both part of WR Berkley Company.

Tocco said: "Businesses with hard-to-place risks turn to the E&S market to address their insurance needs. To address such complicated risks, XL has pulled together a very seasoned team of dedicated surplus lines underwriters and a diverse portfolio of products to address more of our clients' complex risks. We're delighted to have John join this team.

"Under John's leadership, we look forward to building on our strong market reputation for addressing complex risks with innovative E&S solutions. I believe John's unique combination of insurance, reinsurance and brokerage experience will be an asset helping our business continue its strategic growth plans, look for new business opportunities with our other product lines and expands its broker relationships."

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