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XL Group names Sean McGovern as chief compliance officer

Sean McGovernXL Group plc, an insurance company, announced that it has appointed Sean McGovern as chief compliance officer, head of regulatory & government affairs.

Mr. McGovern will join the Company from Lloyd’s of London where he is currently Chief Risk Officer and General Counsel. Mr. McGovern joined Lloyd's of London in 1996 becoming a Director and Lloyd’s General Counsel in 2002.

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He was appointed Chief Risk Officer in 2014 and joined Lloyd’s Franchise Board. In this last role, he was responsible for risk governance and the legal, regulatory and government affairs for Lloyd’s of London around the world.

Mr. McGovern is a non-executive board member of TheCityUK which promotes the UK financial services sector and is also Chairman of its International Trade & Investment Group.

In November 2011 he was appointed to serve as a member of the first US Federal Advisory Committee on Insurance and has since been reappointed for a further term.

In 2015 he was also appointed by the US Treasury to serve on the terrorism insurance Advisory Committee on Risk-Sharing Mechanisms. He is also a Trustee and board member of The Centre for Effective Dispute Resolution (CEDR), which promotes better conflict management and dispute resolution.

Before joining Lloyd’s of London Mr. McGovern, practiced law at Clifford Chance LLP, based in London.




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