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XL Insurance appoints new SVP for its excess & surplus unit

Underwriting operations of XL Group, XL Insurance, has appointed Ronald Beauregard as senior vice president and chief underwriting officer for its Excess & Surplus Property business.

Beauregard will be based in Boston and will report to Roxanne Mitchell, president of XL Insurance’s Excess & Surplus (E&S) unit.

Prior to XL Insurance, Beauregard has served as Zonal Property Executive at Lexington Insurance. His was responsible for property underwriting operations in the Northeast region including offices in Boston, Hartford, Philadelphia, Washington, DC and Pittsburgh.

Beauregard also held various underwriting management and loss control positions with AON, FM Global Insurance Company and Factory Mutual Engineering.

Mitchell said that Beauregard had created a strong reputation in the industry for skilfully developing a profitable E&S property book, even under challenging market conditions.

"His property underwriting proficiency, combined with our existing casualty underwriting expertise, puts us on strong ground as we look to enhance our surplus lines products and distribution to wisely grow our E&S business," Mitchell added.