XS Global Expands Contractors, Plant, and Equipment Portfolio into the United States

MIAMI, FL- April 19th, 2024. We are excited to share that we have diversified our Contractors, Plant, and Equipment (“CPE”) portfolio to include the entire United States, except for Hawaii and Alaska, declaring our official CPE operation on a global scale.

The new venture enables us to underwrite $10 million on an occurrence basis. The target accounts are standalone Contractors, Plant, and Equipment policies, commonly known as Inland Marine. The facility was successfully placed by McGill and Partners USA, a boutique specialist (re)insurance broker.

Anchoring this initiative is Anthony Willsher, who brings with him over thirty-five years of experience in the insurance and reinsurance sector. Anthony’s journey began at Lloyd’s where he held various underwriting roles. At XS Global he assembled a top-tier talent team for CPE, welcoming aboard Camilo Escobar, with nearly eight years of underwriting experience. Together they have been diligently preparing for this moment.

“After seven years of successful trading on the worldwide book, we are very excited and proud to add the United States to our portfolio. We aim to offer a differentiated insurance solution for small to medium contractor books”, explains Anthony, XS Global CPE Managing Director.