XL Insurance yesterday announced the appointment of David Molitano to the new position of technology errors and omissions (E&O) manager in its Select Professional underwriting group. Mr. Molitano reports to Donald Allard, XL Insurance's chief underwriting officer for Select Professional and is based in Boston.

Mr. Molitano joins XL Insurance from Beasley USA where he managed a book of miscellaneous, technology and media professional liability business. His professional career includes tenure in various underwriting and management positions with Lexington Insurance Company, Chubb, and The Hartford.

"XL Insurance is well-known for its tailored, industry-specific E&O insurance programmes. With David onboard, adding his considerable experience in underwriting technology risks, we continue to expand our specialised underwriting capabilities and are well-equipped to develop the right insurance programmes to address the tech industry's evolving E&O exposures," Mr. Allard said.

XL Insurance's Select Professional group works with various brokers and wholesalers to address the E&O insurance needs of small to mid-size service providers including lawyers, consultants, TPAs, ad agencies, franchisers, real estate agents, insurance agents, and many other non-medical service providers.

Xl Insurance is the global insurance operation of Bermuda-based XL Capital Ltd.