8 August 2014 Insurance

XL poaches LaRocca from AIG

XL Group has appointed Michael LaRocca as its chief underwriting officer in its North America property business.

LaRocca will be based in XL’s New York office and will report to Michele Sansone, president of XL’s North America property unit.

He joins XL Group from AIG where he served as vice president and Northeast zonal leader for large property accounts. His insurance career also includes positions with Zurich and Gerling America Insurance Company, where he held positions in underwriting management and developed an in-house risk engineering department.

Sansone said: “Mike’s 25 years of experience providing insurance and risk engineering services to complex property risks aligns very well with our growing book of large commercial property risks. In his new role, Mike will help our property underwriting teams in the US, Canada and Bermuda maintain consistent underwriting practice and standards that will help us grow wisely and provide our clients with the property coverage, risk engineering and claims services they need to keep their employees safe and their properties well protected.”

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