XL breaks out of London in regional initiative

XL Insurance, the global insurance operations of XL Capital, has opened an office in Newcastle, its first outside London, as part of its expanding UK Middle Market initiative.

The office will form a regional hub and underwriting centre for XL Insurance's middle market business outside of London.

Terry Nichol, regional manager UK middle market, will be based in Newcastle as will Karin McKivitt, who has joined XL Insurance as casualty underwriter middle market. The Newcastle team will work closely with XL Insurance's London-based middle market underwriters and focus initially on liability and contractors all risks and will expand into other product lines at a later date