XL Group’s North America Property & Casualty (NAPC) insurance business has promoted Donna Nadeau to the position of chief operating office, reporting to Joe Tocco, NAPC chief executive. Nadeau previously served as NAPC’s chief actuary.
Nadeau assumes the COO role previously held by Mike Garceau, recently named chief financial officer of XL Group’s global insurance operations. In this role, Nadeau will manage the operational functions supporting XL Group’s NAPC businesses which include Property, Excess & Surplus, Environmental, North America Programs, Construction, Excess Casualty, and Global Risk Management, which includes U.S. Risk Management and Multinational Casualty.
In addition to leading NAPC’s budget and planning processes, Nadeau’s responsibilities also include developing the business’ support and strategic resources and directing its expense, performance and IT management.
Since joining XL Group in 2003, Nadeau has held progressively more senior actuarial and management positions. She was named a managing director to XL Group’s Leadership Council in May 2014. Prior to her tenure with XL, she held actuarial positions with Kemper Insurance Companies and Liberty Mutual.
Was this article valuable?
Here are more articles you may enjoy.