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Brit Insurance appoints Malcolm Beane as Chief Operations Officer

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Brit Insurance Holdings PLC, (“Brit Insurance” or “The Group”), the international general insurance and reinsurance group, today announces the appointment of Malcolm Beane as Chief Operations Officer.

Reporting to Dane Douetil, Chief Executive Officer of Brit Insurance, Malcolm will take up his position on 21 September 2009 and will join the Executive Management Committee of the Group.

Malcolm joins Brit Insurance from XL Capital, where he was most recently Chief Processing Officer, responsible for the oversight of the firm’s global insurance operations, administration and business architecture. Prior to this, he worked at the company in a number of roles, including Chief Operating Officer XL Insurance, Global Head of HR Service Delivery and, previously, Global Business Partner of Global Risk and Regional Head of HR. Before joining the insurance industry, Malcolm worked at JP Morgan for over two decades in a number of senior HR and operational roles.

Dane Douetil, Chief Executive Officer of Brit Insurance, commented:

“With his breadth of experience in the smooth running and successful development of the operations of large financial services organisations, Malcolm will be a great asset to our business and, particularly, in our drive to continually strengthen Brit Insurance’s operational platform. We look forward to welcoming him to the Group.”

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