Latest AXA XL Headlines
All the headlines from our AXA XL Topic Page, ordered by recency.
AXA XL Appoints Benet as Global Chief Underwriting Officer for Cyber
Feb 5 2020 // To help manage its cyber risk portfolio worldwide, AXA XL has named Elizabeth Benet to the newly-created role of global chief underwriting officer for Cyber. Benet will help the insurer monitor its cyber risk portfolio and...
AXA Liabilities Managers to Acquire RenaissanceRe (UK) Limited in Runoff
Feb 4 2020 // AXA Liabilities Managers has agreed to acquire RenaissanceRe (UK) Limited, a company currently in runoff, from RenaissanceRe Holdings Ltd. Formerly known as Tokio Millennium Re (UK) Limited, the UK run-off business was...
Online Insurance Broker Policygenius Raises $100M From AXA, Others
Feb 3 2020 // Online insurance marketplace Policygenius raised $100 million in new financing. The company plans to use the money for hiring, to grow and to broaden the consumer financial protection products it will unveil in...
People & Places
Jan 27 2020 // National Philadelphia Insurance Companies, a commercial property/casualty and professional liability insurer, has promoted Michael Cundiff from vice president to senior vice president of Surety. Cundiff will succeed Ed...
AXA Reviews Potential Sale of Middle Eastern Operations: Sources
Jan 24 2020 // AXA SA is considering options for its Middle Eastern operations including a potential sale, as Chief Executive Officer Thomas Buberl continues to streamline the operations of Europe’s second-largest insurer, people...
AXA XL Completes Merger of XL Insurance Co. with AXA Corporate Solutions, AXA ART
Jan 13 2020 // AXA XL announced it has successfully merged AXA Corporate Solutions (ACS) and AXA ART into XL Insurance Co. SE (XLICSE). The merger, which was approved by the relevant regulatory authorities including the Central Bank of...
People & Places
Jan 13 2020 // National Sheri Wilbanks AXA XL Risk Consulting has appointed Sheri Wilbanks as its global Casualty & Environmental Lines of Business manager. Wilbanks will be responsible for building a global casualty and...
AXA XL, Slice Labs, Microsoft to Offer Cyber Risk Management Tools
Dec 23 2019 // AXA XL, the p&c and Specialty Risk Division of global insurer AXA, Slice Labs Inc. (Slice), an on-demand insurer of cloud technology, and Microsoft will work together to help improve cyber health and mitigate risks for...
AXA XL Adds Novoa, Delaney to Environmental Insurance Team in New York
Dec 12 2019 // AXA XL has welcomed Senior Underwriters Odette Novoa and Erica Delaney to its Environmental insurance team in New York. Both have joined AXA XL’s Northeast regional environmental underwriting team and report to Hiral...
Preferred Property Program Launches D&O Policy for Community Associations
Dec 3 2019 // Preferred Property Programs (PPP), a division of Jacobson, Goldfarb & Scott, Inc. (JGS Insurance), has released a national insurance product for community associations. In conjunction with AXA XL, a division of AXA,...
AXA XL Names AIG’s Wilbanks as Casualty, Environmental Risk Engineering Manager
Dec 2 2019 // AXA XL Risk Consulting has appointed has appointed Sheri Wilbanks as its global Casualty & Environmental Lines of Business manager. Wilbanks will be responsible for building a global casualty and environmental risk...
AXA XL Buys London-Based Title Insurance Agency, Agrees to Buy Mexico Title Insurer
Nov 27 2019 // AXA XL announced it has completed the acquisition of Secure Legal Title Ltd., a London-based insurance agency and Lloyd’s approved coverholder, with operations in the U.K., Europe, India and the Americas. Founded in...
AXA XL Launches Risk Innovation Incubator Called ‘Cube’
Nov 20 2019 // AXA XL Insurance launched Cube, a risk innovation incubator, a six-week program designed to enable risk managers to work alongside AXA XL risk and innovation experts to develop innovative risk management solutions for...
Are Employees Pushing Insurers to Shun Coal in Climate Change Movement?
Nov 7 2019 // Seventeen insurers have restricted insurance services to coal projects in the past two years. A dozen insurers have adopted policies to stop all direct insurance coverage to new coal projects – among them are Allianz,...
BHSI Forms Construction, Casualty Teams in France, Led by AXA XL’s Antiphon, Bonifay
Oct 29 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has commenced underwriting casualty and construction insurance in France and filled two key in-country leadership posts, naming Olivier Antiphon as head of...
AXA to Sell Belgian Bank Unit to Crelan for $689.5M, Forms Bancassurance Deal
Oct 25 2019 // AXA announced it has entered into an agreement to sell its Belgian banking operations, AXA Bank Belgium, to Crelan Bank for cash and Crelan’s loan insurance business. In addition, AXA and Crelan have also agreed to a...
People & Places
Oct 21 2019 // National Reid French has stepped down as CEO of the insurance agency technology firm Applied Systems, and Cloud Technology Executive Taylor Rhodes has joined Applied as the new CEO. French, who served as CEO for eight...
Munich Re America Taps AXA XL’s Herrera for New Diversity and Inclusion Post
Oct 18 2019 // Munich Reinsurance America has appointed Juan Herrera as its first full-time head of Diversity and Inclusion. Herrera will oversee all diversity and inclusion efforts across the North American region including Munich...
AXA Weighs Selling Central European Business, to Exit Non-Core Markets: Sources
Oct 15 2019 // French insurer AXA is considering selling its Central European business as part of a restructuring to quit markets where it lacks scale, three sources familiar with the situation said. AXA is undergoing a deep...
AXA XL Appoints Ex-Zurich Executive Longo as Country Leader, Italy
Sep 27 2019 // AXA XL Insurance announced the appointment of Saverio Longo as country leader, Italy. He will join AXA XL in November and will be based in Milan. He succeeds Simona Fumagalli, who was appointed head of International...
