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Article: XL Insurance Completes Purchase of GAPS, a Leading Provider of Loss Prevention Services.
- Article from:
- PR Newswire
- Article date:
- December 3, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Dec. 3 /PRNewswire-FirstCall/ -- XL Insurance, the global insurance operation of XL Capital Ltd ("XL"), today announced that it has completed the purchase of Global Asset Protection Services LLC (GAPS) from Swiss Re. GAPS is a provider of unbundled loss prevention consulting services, offering individually tailored risk management solutions to risk managers, insurance brokers and insurance company clients operating on a global basis. The acquisition was first announced on Friday, November 16, 2007.
GAPS employs engineers worldwide with a strong presence in the US, Europe, Asia and Australia. The GAPS operation and XL Insurance's existing loss ...