XL Group seeks long-term relationships with program administrators. Our program administrators must have the following characteristics:
Unquestionable character and reputation
Demonstrated underwriting and marketing expertise in the program class of business
Strong data processing capabilities
Strong financial condition
Compliance with all statutory and regulatory requirements
XL Group wants to help program administrators grow. We consider risk sharing and incentive compensation on a situational basis.
We use third-party administrators to handle program claims functions. We will work with program administrators to select these third-party administrators.