XL Adds 5 Experts to London Fine Art & Specie Team

September 16, 2005

XL London Market Ltd. [XLLM], a unit of Bermuda’s XL Capital Ltd., has announced the appointment of Michael Moss, David Scully, Clare Pardy, Susie Collier and Mark Bosshard to its London-based Fine Art & Specie team.

XLLM noted: “Mr. Moss has 28 years of underwriting leadership experience in the London market. His focus will be on the strategic management of the product line. He will also be actively involved in the day-to-day underwriting of the XL Insurance’s Fine Art & Specie business via XL London Market Ltd. Mr. Scully has 25 years of insurance experience and Ms. Pardy has 23 years of experience in art insurance. Both will be responsible for the growth and development of the XL Insurance Fine Art portfolio in the UK, Continental Europe and elsewhere.”

Susie Collier will be responsible for managing the London team’s fine art claims. Mark Bosshard, who is a former London broker with experience in dealing with international fine art risks, will focus on the day-to-day underwriting of the XL Insurance fine art business at Lloyd’s.

Chief Underwriter for the team Neil Robertson, commented: “In an ever-changing insurance environment, it is more important than ever to have the right combination of skills if we are to develop new business opportunities to the full. The additional team members will not only complement our existing strengths, but also work in close partnership with our brokers and reach new international clients. This combination of international underwriting experience, business development expertise and in-depth knowledge of art and the art market strengthens the XL Insurance team’s capability in this area of insurance.”

The bulletin described XLLM as “one of Lloyd’s leading Managing Agencies with syndicate capacity of GBP 288 million [$524 million]. The XL London Market syndicate 1209 offers underwriting expertise and market leadership in various lines of business, particularly the marine disciplines of Hull, Liabilities, Offshore Energy and Cargo; Specie; Equine; International Aviation; and War and Political Risk.”

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