XL’s Seraina Maag Talks about Business Strategy Tools at XL: Work-Outs and Rapid Results Initiatives
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"Work-Outs" and "Rapid Results Initiatives" are now a natural part of the language of the U.S. insurance professionals working for XL Group, according Seraina Maag, CEO of XL's property/casualty insurance operations in North America, who describes examples of how XL has used the two methods more commonly associated with powerhouse General Electric--starting with XL's first Work-Out undertaken to launch a construction division from scratch.