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XL recruits LaRocca

XL Group has appointed Michael LaRocca chief underwriting officer for its North America property insurance business.

He will be based in XL’s New York office and report to Michele Sansone, president of XL’s North America property unit, XL said in a statement.

Mr LaRocca will help property underwriting teams in the US, Canada and Bermuda maintain consistent underwriting practice and standards, Ms Sansone said in the statement.

Mr LaRocca joins XL Group from American International Group, where he served as vice-president and Northeast zonal leader for large property accounts. He’s also held posts with Zurich and Gerling America Insurance Co, where he worked in underwriting management and developed an in-house risk engineering department.