XL Insurance, the global underwriting operations of XL Group plc, on Thursday announced the addition of Ronald E. Beauregard, Jr. as Senior Vice President and Chief Underwriting Officer for its Excess & Surplus Property business. Based in Boston, Mr. Beauregard reports to Roxanne Mitchell, President of XL Insurance’s Excess & Surplus (E&S) unit.
Commenting on the appointment, Ms. Mitchell said: “Ron brings a strong combination of underwriting and engineering experience. With this expertise, he has built a strong reputation in our industry for skillfully 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.”
Mr. Beauregard joins XL Insurance from Lexington Insurance Company in Boston where he served as Zonal Property Executive, responsible for property underwriting operations in the Northeast region including offices in Boston, Hartford, Philadelphia, Washington, DC and Pittsburgh. Prior to his tenure with Lexington, Mr. Beauregard’s professional career also included various underwriting management and loss control positions with AON, FM Global Insurance Company and Factory Mutual Engineering. He earned a Bachelor of Science degree in electrical engineering from the University of Massachusetts – Lowell.
About XL Insurance
XL Insurance is the global brand used by XL Group plc's insurance companies and underwriting divisions offering property, casualty, professional and specialty insurance products throughout the world. More information about XL Insurance is available at www.xlinsurance.com.