XL Group’s insurance segment has added excess auto coverage to its excess and surplus product offerings.
The company has hired Michael Gramm to manage the new product line. He will join the company as vice president – excess auto and be based in Chicago.
“This year is going to be a busy year for our E&S team as we gear up to enhance both our surplus lines products and distribution,” said Roxanne Mitchell, president of XL’s E&S unit.
Within the last six months, XL has added both railroad and property expertise to more coverages.
Gramm most recently worked at Markel Corp. as director, transportation product lines. He has spent a decade working with transportation risk management. He also previously spent time with Risk Specialists Cos. and National Interstate Insurance Co.
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