XL Insurance, the global insurance operations of XL Capital Ltd (NYSE: XL), today announced the launch of its new Dublin based underwriting operation for Middle Market Casualty business. As part of this move, Michael Cronin has been appointed Regional Manager – Middle Markets Ireland.
Mr. Cronin has 23 years’ of insurance industry experience, most recently as Managing Director of Cronin Insurance Brokers. Prior to this he was Head of Construction Underwriting at Zurich Insurance in Ireland, having joined from Liberty International’s Casualty Department in 2006. His initial underwriting focus will be on Primary Casualty and Contractors All Risks (CAR) cover, targeted at the mid-market sector of Irish Business, which will be written via XL Insurance’s Lloyd’s Syndicate #1209.
Denis Burniston, Chief Underwriting Officer Middle Markets UK & Ireland at XL Insurance, said: “This is the first step in building our Irish Middle Market operation, meeting the growing demand for risk managed insurance solutions and access to the Lloyd’s market. We believe that a local underwriting presence will be able to better serve the Irish Primary Casualty market and are looking to grow this operation over time.”
David Gallagher, Country Manager Ireland for XL Insurance commented: “We are delighted to be able to appoint such an experienced underwriter to our new Dublin Primary Casualty operation. Michael is well known in the local broking community and will build on XL Insurance’s reputation for service and claims excellence. This development underlines our on-going commitment to the growth of our business in the Irish Market”.
