XL strengthens product recall operations

XL Group has strengthened its insurance operations in Asia with the transfer of Ben Sharp, product recall underwriter.

Sharp is transferring from London and is now based in Singapore. The move is in line with XL Group’s strategy to further add capacity and capability to its operations across Asia Pacific, strengthening the company’s team of first tier, experienced underwriters and other insurance professionals.

He began his career at Arthur J Gallagher, working for over five years as a broker in the global casualty team focusing on product recall. Sharp joined XL Group in April 2012.

XL said the transfer demonstrates its commitment to manufacturers in the region and highlights the company’s ability to cater for the growing demand for product recall insurance especially among the food and beverage industry.

David Guest, XL Group’s underwriting manager, crisis management, said: “We have geared our product recall insurance coverage and crisis response to meet the increasing operational, regulatory and reputational risks that our clients face. Ben has invaluable expertise in helping companies understand the risks they face and deliver insurance solutions to protect their business and long term profitability.”