TMCnet News

XL Group Appoints New Cyber & Technology Insurance Underwriters [Cihan News Agency (Turkey)]
[October 23, 2014]

XL Group Appoints New Cyber & Technology Insurance Underwriters [Cihan News Agency (Turkey)]


(Cihan News Agency (Turkey) Via Acquire Media NewsEdge) To address the growing demand for cyber insurance, XL Group's Cyber and Technology business has added three underwriters, Sean Donahue, Elissa Doroff and Richard Schulz, to its New York-based team.



Headline data breaches continue to spark interest in cyber and technology insurance and this expansion is intended to meet that demand, according to John Coletti, Chief Underwriting Officer for XL Group's Cyber and Technology insurance business, Data breaches are becoming increasingly more sophisticated and in order to properly underwrite these risks, we have added underwriters that possess the necessary technical and legal skills that Sean, Elissa and Rich possess.

According to a release from the Company, Donahue joins XL Group from Dewitt Stern Group where he most recently served as vice president and director of information technology. During his tenure at Dewitt, he oversaw the day-to-day operations of the company's technology infrastructure, which included the company's information security program. Sean brings to the team over a decade of risk mitigation experience in network security. He currently holds a CISSP designation and is a trained certified ethical hacker.


Doroff brings nearly a decade of cyber and technology insurance expertise having worked as claims counsel at AIG and, most recently, as broker of cyber insurance at Marsh and McLennan where she held the position of Senior Advisory Specialist. While at Marsh, she counseled public and private clients on their risks and insurance needs in the areas of technology, privacy and cyber.

Schulz joins XL as a Vice President from Axis Insurance where he underwrote a broad spectrum of media, technology, privacy and network security risks.

XL Group plc, through its subsidiaries, is a global insurance and reinsurance company.

(c) 2014 Cihan News Agency. All right reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

[ Back To TMCnet.com's Homepage ]