XL Insurance is extending its reach into the Australian market with a move to offer solutions pitched at middle market companies.

A dedicated team of property and casualty underwriters based in Sydney and a newly opened office in Melbourne will service companies with revenues of more than $50 million. The team will focus on property and casualty policies as well as combined solutions if required.

The move has seen the appointment of three new underwriters. Australian Country Manager Craig Langham says with XL’s local offices, underwriting expertise and global network it can support middle market customers locally and internationally.