12 March 2014 Insurance

XL Group to offer sports programmes

XL Group will offer insurance programmes for sports and entertainment industries in a joint underwriting venture between its North America Programmes business and American Specialty Insurance & Risk Services.

“American Specialty is a well-established leader when it comes to insuring a wide variety of sports and entertainment businesses. With this new arrangement, we gain their industry expertise and underwriting experience and have the opportunity to extend our capabilities and quality coverage to new industries,” said Quinnon Purvis, president of XL Group’s North America Programmes unit.

Tony Wittwer, president of American Specialty added: “Our programmes are tailored to meet the specific insurance and risk management needs of clients in the sports, motorsports, event, and entertainment industries. With XL’s depth of team, resources, and commitment to programmes, it is a true pleasure to partner with them. Like American Specialty, XL is a company that values industry expertise, underwriting talent, and strong business relationships.”

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