XL Group Ltd.

07/08/2024 | Press release | Distributed by Public on 07/08/2024 09:53

AXA XL announces Large Commercial underwriting & Client and Distribution appointments in the Americas

New York - July 08, 2024

As part of the recent reorganization of its Americas insurance operation to align more closely to meet clients'' risk management needs, AXA XL announced several new appointments in its Large Commercial business unit and on its Client and Distribution team.

Donna Nadeau, Head of Large Commercial, announced the following appointments to AXA XL's newly created business segment:

  • Donnacha Smyth has been appointed Chief Underwriting Officer, Casualty, and is assuming underwriting management of both Primary Casualty and Excess Casualty in the Americas. He previously managed the America's Excess Casualty book of business. Mr. Smyth's team will now address our clients' collective casualty insurance needs including general liability, auto, workers comp and excess or umbrella protection.
  • Eric Donofrio, previously Chief Underwriting Officer, Aviation in the Americas, now assumes underwriting management responsibility for all Specialty insurance lines including Aviation, Ocean Marine, Political Risk, Trade Credit and Commercial Bond, War, Terrorism and Political Violence, Fine Art & Specie, and Structured Risk Solutions.
  • Michele Sansone remains Chief Underwriting Officer, Property, responsible for managing primary and quota share commercial property insurance programs, as well as its equipment breakdown product line. She will also lead our Multinational Solution team, responsible for helping clients build global property & casualty programs.
  • Michelle Chia is named Chief Underwriting Officer of AXA XL's Cyber, Design Professional and Select Professional insurance businesses in the Americas.

AXA XL previously announced the appointments of Noel Pearman as Chief Underwriting Officer, Bermuda and Alex Barker as Chief Underwriting Officer, Large Commercial Canada.

"By simplifying our structure we're making it easier for our clients to address their insurance needs with fewer touchpoints," said Ms. Nadeau. "Having Donnacha's team as a single point of contact for both primary and excess casualty coverage, will provide greater efficiency in underwriting business and managing claims. Similarly, our Large Commercial clients will benefit from easy access to all specialty products under Eric's oversight. And by creating greater empowerment in our Bermuda and Canadian geographies, we will be able to best serve our clients locally."

To help facilitate brokers' and clients' insurance needs, Americas' Chief Client and Distribution Officer Matt O'Malley announced two key appointments to his team:

  • Maria Duhart joins the Americas-based Client and Distribution team as Head of US - East Zone. She previously held the role of Chief Underwriting Officer, Specialty Niche insurance. In her new role, she will be responsible for client and broker engagement throughout the eastern zone of the U.S.
  • June Dwyer assumes the role of Head of Broker Relations, Large Commercial and Mid-Market. In her new role, June will manage key broker partnerships cross business segments.

"With some 20 years of broker in addition to her carrier experience, June is well positioned to put our clients' insurance needs front and center," said Mr. O'Malley. "June's hands-on broker experience gives her such a deep understanding of what our brokers need to deliver to their clients and puts us in a stronger position to deliver value and help them manage risk in a truly holistic way."

"Maria's extensive experience in multi-line underwriting management within AXA XL's Specialty insurance lines uniquely positions her to drive value for our clients and brokers in our East Zone," added Mr. O'Malley. "Her underwriting expertise, coupled with her ability to develop strong broker and client relationships, will be instrumental in helping us meet the diverse and complex needs of our brokers and clients in this region which represents our largest concentration of business in the U.S."

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ABOUT AXA XL

AXA XL provides insurance and risk management products and services for mid-sized companies through to large multinationals, and reinsurance solutions to insurance companies globally. We partner with those who move the world forward. To learn more, visit www.axaxl.com

ABOUT AXA XL INSURANCE

AXA XL Insurance offers property, casualty, professional, financial lines and specialty insurance solutions to mid-sized companies through to large multinationals globally. We partner with those who move the world forward. To learn more, visit www.axaxl.com