|By PR Newswire||
|October 10, 2012 01:00 PM EDT|
EXTON, Pa., Oct. 10, 2012 /PRNewswire/ -- Matthew V. O'Malley, CPCU, ARe, CRIS is stepping up into a new role as Head of Environmental Underwriting Operations in XL Group plc's (NYSE : XL) insurance operations, promoted from his recent role as Senior Vice President of Planning & Administration.
In his new position, Mr. O'Malley expands his management responsibilities to include the Environmental Casualty business and North American Field Operations, as well as its Sales and Marketing team. He reports to Gary Kaplan, President of XL Group's North America Environmental and Construction businesses.
Commenting on the appointment, Mr. Kaplan said: "XL Group is one of the pioneering environmental markets and our success over the last three decades has been built by professionals like Matt. Under Matt's operational leadership, we're looking forward to helping another generation of businesses address their environmental liability concerns and providing multiline insurance solutions for the environmental industry."
During his 17-year tenure in the insurance industry, Mr. O'Malley has held numerous underwriting and management positions. In addition to his Planning and Administration role, he also managed the Environmental group's Commercial Business Unit (CBU). Mr. O'Malley earned his BA in Economics and MBA with a specialization in Finance from Villanova University. He currently holds the Chartered Property Casualty Underwriter (CPCU), Associate in Reinsurance (ARe), and Construction Risk and Insurance Specialist (CRIS) designations. He also serves as a member of the Board of Overseers of the Graduate School of Education of the University of Pennsylvania.
About XL's Insurance Operations
XL Group plc's insurance companies offer property, casualty, professional and specialty insurance products globally. Businesses that are moving the world forward choose XL as their partner. To learn more, visit xlgroup.com/insurance.
XL Group is the global brand used by XL Group plc's insurance subsidiaries.
About XL Group plc
XL Group plc, through its subsidiaries, is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world. XL is the company clients look to for answers to their most complex risks and to help move their world forward. Its principal offices are located at No.1 Hatch Street Upper, 4th Floor, Dublin 2, Ireland. To learn more, visit xlgroup.com
SOURCE XL Group