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XL Group Promotes Two in North America Property Division

The company’s regional expansion leads to new appointments for chief underwriting officer and head of general property.

As part of its continuous growth and regional expansion, the North America Property division at XL Group has announced promotions for Michele Sansone to chief underwriting officer and Wade Pitman to head of general property, a newly created role.

Sansone joined XL Group in 2011 and most recently held the position of SVP and eastern regional executive. In her new role, she will establish underwriting standards and protocols across the North America Property operation.

[ Read: 4 Key Technologies for Capturing Insurance Growth Markets. ]

Pitman also joined XL Group in 2011 and most recently served as SVP and western senior executive for Property. He will be responsible for managing XL’s regional property underwriting operations in New York, Chicago, Atlanta, Los Angeles, Dallas and San Francisco. He will also assist in coordinating risk engineering services for property clients through XL Global Asset Protection Services (XL GAPS).

“With more than 50 years of global property underwriting experience between them, Michele and Wade’s knowledge of managing large global property risks is unrivalled,” said Joseph Tocco, president of XL’s North America Property unit. “Given their proven track records and passion for this industry, we expect that they’ll be very effective in driving our continued success and profitable growth in North America.”

Kelly Sheridan is Associate Editor at Dark Reading. She started her career in business tech journalism at Insurance & Technology and most recently reported for InformationWeek, where she covered Microsoft and business IT. Sheridan earned her BA at Villanova University. View Full Bio

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