@rh18bold:Company Moves

Bermuda-based White Mountains Insurance Group says former XL executive Robert Lusardi has joined the company as managing director.

Previously, Mr. Lusardi spent seven years with XL Capital Ltd., first as CFO and, most recently, as CEO, Financial Products and Services, one of XL?s three operating segments.

Prior to joining XL, Lusardi was at Lehman Brothers for 18 years, where he was a managing director and head of the insurance and asset management investment banking practices.

White Mountains CEO Ray Barrette said: ?Rob has a long history with our company, as our lead investment banker at Lehman for a number of years, and was a key player in many of our major transactions.

?The broad operating and financial experience that he acquired at XL in the last few years will serve us well. We are delighted to welcome Rob to our team. Rob has a broad mandate to help the team find new opportunities and to do whatever else comes up where he can add value for our owners.?

Mr. Lusardi graduated from Oxford University with a BA and MA in engineering and economics and holds an MBA from Harvard University.