AXA XL Insurance has launched an Underwriting Innovation Office in the Americas to drive innovation in support of business initiatives.
Tag: AXA XL
AXA XL Names Specialty Leader for Niche Business
AXA XL Insurance has promoted Maria Duhart to lead its Specialty Niche insurance business in the Americas. Ms. Duhart steps into the role of Chief Underwriting Officer for Specialty Niche from her previous role as head of AXA XL’s Commercial Bonds business. In her new role, Ms. Duhart reports to Donna Nadeau, Chief Underwriting Officer… Continue reading AXA XL Names Specialty Leader for Niche Business
AXA XL Helps North American Lenders with Environmental Concerns with PEACE Endorsement
The Americas Environmental insurance business of AXA XL has introduced the Protective Environmental Asset Coverage Enhancement (PEACE), an endorsement specifically designed to protect lenders’ financial interests against loan losses at fixed facilities caused by sudden and gradual pollution conditions. Anthony Gentile, Sr. Product Line Leader for AXA XL’s Americas Environmental insurance business, stated that “We… Continue reading AXA XL Helps North American Lenders with Environmental Concerns with PEACE Endorsement
AXA XL and Xtract Partner to Digitize Commercial Auto claims
AXA XL’s insurance business has entered into a multiyear partnership and licensing agreement with Xtract to digitize, expedite and transform the commercial auto claims management process in the US. According to AXA XL Chief Claims Officer Brent Hoffman, “Xtract enables our claims team to quickly gather and evaluate all data that is available on an… Continue reading AXA XL and Xtract Partner to Digitize Commercial Auto claims
AXA XL Unveils Carbon Management Strategy
AXA XL this week unveiled its Carbon Management Strategy which aims to accelerate its contribution to the transition towards a more sustainable and less carbon-intensive economy by 2050. The strategy, which aligns to AXA Group’s goals and the objectives of the Paris Agreement, outlines AXA XL’s commitment and roadmap to decarbonize its operations in order… Continue reading AXA XL Unveils Carbon Management Strategy
Accenture Launches Response Service for AXA XL’s Business Customers Hit by Cyberattacks
Accenture now provides its Cyber Incident Response Service to help AXA XL’s clients respond to and recover from cyberattacks. In the event of an attack, AXA XL clients will now have access to Accenture Security’s global network of cybersecurity expertise and technology solutions to help resolve cyber incidents. Accenture will provide post-breach security services for… Continue reading Accenture Launches Response Service for AXA XL’s Business Customers Hit by Cyberattacks
AXA XL Announces Changes to Reinsurance Leadership Team
AXA XL announced additional changes within its Reinsurance Leadership Team (“RLT”). The changes are part of AXA XL Reinsurance’s simplified Reinsurance organizational structure, which was announced in September. The structure is aligned around AXA XL Reinsurance’s key markets and intended to enhance the focus on its Payer to Partner strategy. January 1, 2020, in addition… Continue reading AXA XL Announces Changes to Reinsurance Leadership Team
AXA XL Launches Risk Innovation Incubator
AXA XL has launched Cube, a six-week program designed to enable risk managers to work alongside the firm’s risk and innovation team to develop innovative risk management solutions for complex risks. The program includes a series of workshops in which AXA XL and its clients will experiment and test new solutions, resulting in a prototype… Continue reading AXA XL Launches Risk Innovation Incubator
AXA XL and Vindati Team Up to Offer Brokers Access to Customized Ocean Cargo Insurance Via Online Platform
AXA XL’s US marine insurance business and Vindati, an InsureTech Managing General Underwriter (MGU) offering specialty products and an integrated shopping experience for brokers and agents, are teaming up to offer Ocean Cargo insurance for small and middle-sized businesses via Vindati’s proprietary rate, quote, bind, issue online platform. “With this partnership, we’re extending availability of… Continue reading AXA XL and Vindati Team Up to Offer Brokers Access to Customized Ocean Cargo Insurance Via Online Platform
AXA XL Appoints Robert Klepper – Chief Underwriting Officer, Short Tail Insurance Lines
AXA XL, the property & casualty and specialty risk division of AXA, has named Robert Klepper as Chief Underwriting Officer — Short Tail Insurance Lines, reporting to Jason Harris, Chief Executive, Global Property & Casualty Insurance. Commenting on the appointment, Mr. Harris said: “We’re pleased to welcome Bob and his 30 years of underwriting and… Continue reading AXA XL Appoints Robert Klepper – Chief Underwriting Officer, Short Tail Insurance Lines