16 June 2014 Insurance

XL poaches speciality lines exec from AIG

XL Group’s global professional lines of unit has hired a senior speciality lines executive from American International Group (AIG).

Kelly Lyles most recently served as head of specialty lines for AIG Property Casualty's Europe, Middle East & Africa (EMEA) region. She was responsible for developing AIG's specialty lines portfolio and expanding its presence in the EMEA region.

Lyles will be based in London, reporting to Greg Hendrick, chief executive of XL Group’s global insurance operations.

She assumes the role from Bernard Horovitz who has led the team since 2008. He will remain at XL, and steps into the newly created role of senior vice president, insurance business development.

Hendrick said: “Attracting and keeping top industry talent is a critical part of our business strategy. As we continue to extend our professional liability capabilities globally, we’re excited to have someone of Kelly’s caliber and experience join our team.

“At the same time, we’re equally pleased to leverage Bernie’s actuarial and underwriting leadership skills in a whole new way. Our profitable growth plans rely on our ability to quickly identify and assess new opportunities and connect multiple pieces of our strategy, and we will immediately benefit from Bernie's experience in this key role."

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