Greg Hendrick will lead newly-opened office and serve on Leadership Team
Bermuda-based insurer XL has appointed Greg Hendrick as executive vice president of its new strategic growth office.
Hendrick will be responsible for leading XL’s strategic planning, focused on enhancing the company’s operational efficiencies and further growing XL’s underwriting units.
Hendrick will report to XL chief executive Mike McGavick and will also serve on XL’s Leadership Team.
McGavick said: “This is an exciting time for XL. Greg’s focus on strategy and his leadership of the new office will allow the company to carefully plan for the future and clearly track our progress and success. Greg has been instrumental in leading various successful initiatives during his XL career.”
Prior to this appointment, Hendrick was president and chief underwriting officer of XL Re, XL’s Bermuda-based reinsurance company, for the past six years. During his 15 years with XL, Hendrick has held various senior leadership positions including vice president and underwriter of XL Mid Ocean Re, and senior vice president and chief property underwriter for XL’s Bermuda reinsurance operations.
Hendrick’s reinsurance replacement will be Bermudian underwriter Charles Cooper. Cooper, who most recently was executive vice president and head of North American Property Catastrophe Reinsurance Underwriting at Validus Reinsurance Ltd, has 15 years of experience in the industry, including nine years with XL.
