Underwriting teams reorganised in management shuffle

XL has restructured its international primary casualty business in to four new teams.

XL chief underwriting officer for international primary casualty Thomas Stamm (pictured), said: “We’ve seen that globalisation and changing legislation pose increasing and similar risks to many of our clients. Some of these risks are particularly complex due to the nature of the client’s business or the projects they participate in. Our new structure lets us be even more nimble and innovative.

“By working closer together with our clients and brokers it’s now easier for us to find answers to their needs. To do this we bring together experts with a true entrepreneurial spirit and the best skill set to lead our new teams.”

Currently the international primary casualty business serves large corporations in Europe, including the UK, Asia, Australia and Latin America.

The four teams:

Underwriting large corporates, led by Reto Arrigoni, who moves to XL Group from Zurich and has over 20 years international experience in casualty underwriting.

Underwriting complex accounts, led by Joachim Walch, who has 25 years industry experience, fifteen of which have been with XL group.

Underwriting environmental liability, led by Simon White, who was one of the first underwriters to provide exclusive environmental cover in the London Market.

Underwriting management, led by Michael Rüsch, who has extensive casualty underwriting experience.

“As we seek profitable growth through product innovation and geographic expansion, I am convinced and delighted that this new structure will let us get closer to clients and the market. To better respond to their needs,” Stamm added.