AXA XL News

People Moves: Insurtech Joyn Adds Schoberth; Chubb’s Lubin Joins Crum & Forster; TransRe Promotes O’Gwen; AXA XL’s Klimczak Moves to U.S.

Insurtech Joyn Adds Schoberth as Chief Distribution Officer Insurance technology company Joyn Insurance announced the addition of Uwe Schoberth as chief distribution officer. The role will focus on developing broker relationships. Uwe brings a background in commercial insurance, having held …

Marsh and Citi Develop Risk Program With 6 Insurers to Deliver Vaccines Globally

Global insurance broker Marsh and global bank Citi said they have developed a risk mitigation structure to cover the risk associated with a number of governments that are self-funding their coronavirus vaccine procurement through the COVAX Facility. The innovative structure …

People Moves: Chubb’s Kocsondy Joins Beazley Cyber; Ames & Gough Adds Martin; WTW’s Kinzer Moves to Zurich Construction; AXA XL Adds 4 to Pollution Team

Beazley Appoints Chubb’s Kocsondy as U.S. Cyber & Tech Chief Specialist insurer Beazley has appointed Patricia Kocsondy as head of U.S. Cyber & Tech. Kocsondy, an experienced cyber underwriter and manager, comes from Chubb, where she served as senior vice …

People Moves: AXA XL Hires AXIS’ Watson as Snr U/W; Hartford’s Pallett to Tegron; Chubb’s Bagaric to BHSI; MGA Spring Hires AXA XL’s Stanford

These international People Moves detail appointments at AXA XL, Tegron Specialty (the new D&O underwriter), Berkshire Hathaway Specialty Insurance, and London-based MGA platform Spring Partners. A summary of these new hires follows here: AXA XL has appointed David Watson as …

French Mutual Insurer Covéa Eyes Purchase of AXA XL’s Reinsurance Business: Reports

Covéa, the French non-life mutual, is interested in acquiring AXA XL’s reinsurance business, AXA Re, in a deal that could be valued at €5 billion, according to press reports. The news story, which originally appeared in Bloomberg, “is credible,” according …

Winners Announced for 6th Annual Efma-Accenture Innovation in Insurance Awards

The winners of the sixth annual Innovation in Insurance Awards have been announced by Efma and Accenture, which jointly established the awards in 2016 to recognize technology innovation. At a virtual ceremony, Generali was a big winner, receiving four out …

People Moves: Marsh’s Daudt to Oneglobal; MS Amlin’s Boreham to Africa Specialty Risks; Zurich’s Jadav to AXA XL; RFIB’s Hallett to SiriusPoint

This wrap-up of international People Moves details recent appointments at Oneglobal Broking, Africa Specialty Risks, AXA XL and SiriusPoint. A summary of these new hires follows here. Oneglobal Broking, the London based broker, announced the appointment of Nicolau Daudt as …

Colonial Pipeline’s Cyber Insurers Include AXA XL, Beazley

Colonial Pipeline has cyber insurance arranged by broker Aon, with Lloyd’s of London insurers AXA XL and Beazley among the underwriters, three sources told Reuters on Thursday. Colonial Pipeline has begun to restart the nation’s largest fuel pipeline network after …

AXA XL Partners with SpaceAble to Support Operators with Satellites in Low Earth Orbit

AXA XL Insurance announced it has established a global partnership with SpaceAble, a start-up specializing in space situational awareness (SSA), to better support satellite operators and organizations operating in space. Based in France and a leading European SSA service provider, …

People Moves: Khera Promoted at AXA XL; Liberty Mutual’s Slaughter Replaces Burkinshaw at Apollo; Sompo Hires Zurich’s Goddard

This wrap-up of International People Moves details recent appointments at AXA XL, Apollo Syndicate Management and Sompo International. A summary of these new hires follows. AXA XL has promoted Sundeep Khera to head of Marine, UK & Lloyd’s market, effective …