AXA XL has launched a local captive practice in Canada which will be led by expert Alonso Y. Tello.
Tello’s appointment is part of AXA XL’s continued growth to bring in expertise and expand the group’s services for Canadian large commercial customers and brokers.
In this new role, Tello will oversee the continued growth of AXA XL’s captive business in Canada. He will provide technical support across business lines in structuring global captive programs; ensure global programs are in compliance and following best practices; and work with AXA XL clients and broking partners to develop new captive products.
Tello joins AXA XL from Zurich in London where he most recently served as Senior Fronting Manager – Captive Services and ART (Commercial Insurance UK). He brings a decade of experience in the industry focusing on captive, integrated multiline multi-year, loss portfolio transfers, as well as large multinational property and casualty lines.
AXA XL’s offers global programs and captive fronting across a range of lines, including, general liability, workers compensation, property, business interruption, environmental, marine cargo and professional liability. AXA XL and its Network Partners can provide insurance coverage in more than 215 countries.
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