XL Group has added a crisis management team to provide corporate clients in the U.S. with product recall, war, terrorism and political violence, kidnap, ransom, and extortion insurance. Led by Denise Balan in New York, the new team has underwriters based in New York and Boston, coordinating global coverage with teams in London and Singapore.
Balan joins XL Group as country manager for the crisis management book in the U.S. Prior to joining XL, Balan held various legal and underwriting management positions at AIG, including profit center management of WorldSource’s crisis management division and head of non-profit & developing markets for accident & health.
Joining Balan in XL’s New York office are Ben Tucker who will head XL’s U.S. political violence and terrorism business and product recall underwriter Natasha McLean. Tucker joins XL Group from Marsh where he most recently served as senior vice president, property specialized risk group, helping clients address their terrorism, political violence, business interruption, and supply chain risks. McLean joins from AIG where she has spent the last decade underwriting product recall and contaminated products as well as kidnap, ransom and extortion insurance.
In Boston, XL Group’s crisis management team also adds Clara Chan as an underwriter for war terrorism and political violence coverage. Chan previously worked with Lexington Insurance Co. and Hiscox, Inc. The team’s Boston-based underwriting resources also include product recall North American leader John Turner. Turner joined XL in 2011 to establish XL Group’s product recall and product contamination underwriting operation in North America.
XL Group plc’s insurance companies offer property, casualty, professional and specialty insurance products globally. XL Group is the global brand used by XL Group plc’s insurance and reinsurance subsidiaries.