Connecticut-based XL America, Inc., the holding company for all of the U.S. operations of Bermuda’s XL Capital Ltd., announced that David B. Duclos has joined its U.S. insurance operations to lead its specialty program business known as XL Programs.
“Mr. Duclos will be based in Exton, Pennsylvania and will report to Richard Banas, CEO of XL’s environmental, programs, and surety businesses,” said the bulletin. He joins XL with 24 years experience in the insurance industry, primarily at CIGNA Corporation, including several years of experience leading one of the industry’s largest and most successful specialty program operations, and more recently at Kemper Insurance Company.
XL’s chief executive of insurance operations, Nicholas M. Brown, Jr., stated, “Dave Duclos is a strong insurance leader and has extensive experience with program operations. We are fortunate that someone with Dave’s experience has joined our organization, and we are confident that Dave will make a substantial contribution to our program business and to XL.”
Commenting on the decision to join XL, Duclos added, “XL is an impressive company with substantial financial strength and a reputation for skilled underwriting. I am delighted to be a part of such a highly regarded insurance operation and look forward to working with the team at XL Programs.”
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