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Richard Desimone News

06 Jan 2016

XL Catlin Promotes Chief Underwriting Officer, Marine

XL Catlin today announced the promotion of Anne Marie Elder to the role of Chief Underwriting Officer Marine for the Americas region. Elder in her new leadership role now reports to Lee Meyrick, XL Catlin’s Chief Underwriting Officer for Global Marine, in London. Elder, who previously held the position of Senior Vice President and Chief Underwriting Officer, Inland Marine in North America,  assumes the role formerly held by Richard DeSimone. DeSimone, who joined XL Catlin in 2011 to help build its North America Marine capabilities, retired from the company on December 31, 2015. According to Meyrick, “Under Rich’s leadership, we expanded our team in North America and created a comprehensive portfolio of Bluewater and Brownwater Hull…

23 Mar 2012

XL Group’s Ocean Marine Unit Expands Brown Water Business

XL Group plc’s North American Marine business has boosted its underwriting expertise with the addition of Chris Cooke who has joined as Vice President, Hull and Liabilities. According to Richard DeSimone, President of XL Group’s North American Marine business, “We are very pleased to have Chris join our team as we look to expand our Brown Water Hull, P&I and Primary Marine Liability capabilities. “Over the last year, we’ve expanded our underwriting team to trading hubs in Cleveland, Baltimore, Richmond and Atlanta along with existing operations in New York putting us in closer proximity to our clients. Part of that expansion is developing additional coverages that will allow us to address even more of our clients’ risk management needs,” explained Mr. DeSimone.

21 Nov 2011

XL Establishes Inland Marine Field Ops

To put its marine insurance experience closer to their clients, agents and brokers, the Marine insurance unit at XL Group plc (NYSE: XL) announced additional underwriting appointments further establishing its inland marine field operation. XL’s new Inland Marine Field team includes Michael Perrotti, Senior Vice President, Marine Field Operations based in Cleveland, Ken Mueller, Regional Vice President in Atlanta, and Ryan Faris, Marine Underwriter in New York. According to Richard DeSimone, President of XL’s US Ocean and Inland Marine unit, “New York, Cleveland and Atlanta are key trading hubs. With these appointments, we’re putting our inland marine underwriting expertise out in our key markets and in closer proximity to our clients.

11 Aug 2011

DeSimone Named President XL Insurance

XL Insurance, the insurance underwriting operations of XL Group (NYSE: XL), appointed Richard DeSimone as President of its US Ocean and Inland Marine unit. DeSimone will be based in New York and reports to Neil Robertson, Chief Executive, Global Specialty in London. ”This is a clear statement of our intent to become a more significant market for both Inland and Ocean Marine business in the United States” said Mr. Robertson. “For XL Insurance, we are fortunate to enlist Richard’s 35 years of industry experience and solid reputation to lead this initiative. DeSimone will join  XL Insurance in a newly created position as President of the  US Ocean and Inland Marine underwriting teams and will work closely with Colin Sprott…