Following several years of detailed monitoring of the organization’s consumption and using 2019 as a baseline, AXA XL has identified the key levers that will help decarbonize its operational impact. You can disable them at any time. AXA XL, the property & casualty and specialty risk division of AXA, has released details of its carbon management strategy, designed to accelerate the company’s contribution to the transition towards a less carbon-intensive economy by 2050. AXA XL had a great first half with continued and disciplined growth in revenues and a solid contribution to the Group’s earnings. Joseph Tocco is Chief Executive Officer, Americas, as announced today. Sean McGovern was appointed General Counsel of AXA XL in September 2018, having previously been Chief Compliance Officer, Head of Regulatory & Government Affairs at XL Group since October 2016. AXA XL in April 2020 announced a new leadership team and a new organization following a strategic review. Brent started his career in private practice, working at both Bingham McCutchen LLP and Saul Ewing LLP. To learn more, visit www.axaxl.com. In this role he is responsible for defining and ensuring application of the risk strategy and associated framework, governance, processes and appetites across AXA XL. Today, the new management team is revealing its strategic plan – Ambition 2020 – based on two pillars, Focus & Transform. AXA XL today announced a new Leadership Team and proposed changes to the operating model of its Insurance business following a strategic review. Axa well positioned for post Covid-19 growth claims Buberl as 2023 strategy revealed - Insurance Age AXA XL today 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 … He joined AXA in 1994 and has held several posts during his time with the Group, notably Chief Financial Officer (CFO) of several operating entities (AXA Germany, AXA Belgium, AXA Bank Europe), CFO of the Northern Europe and CEE Region and of the Life and Health operations worldwide, Group Head of Corporate Finance and Treasury, Group Head of Life, Savings & Health Insurance and Risk Management. In this role Nancy was responsible for developing core underwriting strategies and optimizing product profitability for AXA XL’s long tail insurance lines, including casualty, cyber and professional liability. Changes include the creation of a single global insurance underwriting function and the establishment of three geographical business units across the Americas, Eurasia, and the UK & Lloyd’s market. Buying XL was also part of Axa’s strategic transformation, but 2020 was looking like a tough year even before Covid-19. Having started his insurance career at the company in 2003, Matthieu worked his way up through the organization, holding positions in the Specialty Markets Division, including in risk modelling, portfolio management and business development. AXA XL is the P&C and specialty risk division of AXA. She will lead a … Following today’s announcement, he will also lead Data & Analytics. Brent is Chief Claims Officer at AXA XL, as announced today. Prior to this position, Joe served as President and Head of XL Group’s North America Property business and XL Global Asset Protection Services (XL GAPS), XL Group’s loss prevention consulting firm. Noel Richardson was appointed Chief Risk Officer (CRO) for AXA XL in 2018. For more detailed information on the cookies used for this website, you can read our Cookie Policy. The AXA Group’s parent company, AXA SA, publishes a Group Tax Policy. Sean McGovern, General Counsel We partner with those who move the world forward. ... XL Bermuda Limited – UK Branch XL Gracechurch Limited and its UK subsidiaries XL London Market Group Ltd and its UK subsidiaries XL RE Europe SE – … Nancy Bewlay, Chief Underwriting Officer The Carbon Management plan is a central focus of AXA XL's strategy which focuses on climate change, access to water and financial resilience. You can read more about AXA’s position on climate change here: https://www.axa.com/en/about-us/axa-and-climate-change. Elie Hanna, chief distribution officer, UK & Lloyd’s.Hanna will develop and lead the execution of AXA XL’s go-to market, trading and external marketing and communication strategies… Strategy outlines commitment and roadmap to decarbonize AXA XL's operations in line with goal to limit global warming to below 1.5 °C. AXA XL Risk Consulting has announced the launch of Risk Scanning, a new risk assessment service. He has also been appointed by the US Treasury to serve as a member of the US Federal Advisory Committee on Insurance, which advises the US Treasury on insurance issues. The presentation includes dedicated sections on France and Europe, AXA XL and Cash and Capital. We won't set optional cookies unless you enable them. In her new role, Harris is responsible for developing the UK energy book, executing strategy and designing innovative insurance solutions for AXA XL’s energy clients. Karen le Duc is appointed Chief Human Resources Officer, having previously held a number of senior roles on the EXCOM for AXA Liabilities Managers. AXA XL today 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 AXA Group’s parent company, AXA SA, publishes a Group Tax Policy. AXA XL Announces New Leadership Team and Strategy, Allen Koski joins Insured Nomads as President and Chief Innovation Officer, NBER publishes “Insurance and Propagation in Village Networks” working paper, Swiss Re Institute: global insurance markets set to rebound in 2021, Swiss Re Advice on Reopening Public Spaces in the Wake of Covid-19, Nancy Bewlay, Chief Underwriting Officer (CUO), Sean McGovern, Interim CEO UK & Lloyd’s market, Karen le Duc, Chief Human Resources Officer, Matthieu Caillat, Chief Operating Officer (COO), Noel Richardson, Chief Risk Officer (CRO), Rainer Schoellhammer, Chief Finance Officer (CFO). AXA XL today 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. … ALL ARTICLES | Commitment. Axa well positioned for post Covid-19 growth claims Buberl as 2023 strategy revealed - Insurance Age Matthieu Caillat is Chief Operating Officer at AXA XL. In 2010, Charles assumed the role of President and Chief Underwriting officer of XL Re Ltd. Brent Hoffman, Chief Claims Officer Before 2011, he had spent five years at AXA Germany, where he undertook various senior roles, including Head of Financial Planning and Analysis, Controller, and CFO of a specialized life entity. The presentation includes dedicated sections on France and Europe, AXA XL and Cash and Capital. ALL ARTICLES | Finance In this role, her focus was on pricing development, portfolio management and strategy development and deployment. The Group CEO confirms to investors a continued focus on healthcare and protection as underwriting discipline is enforced in Axa XL. Prior to joining XL Group, Brent was with The Hartford for more than 12 years, where he held various in-house attorney positions in addition to a Vice President role in the company’s Claims Department, with responsibility for managing claim groups in the US and UK. Charles Cooper is Chief Executive of AXA XL’s Global Reinsurance operations, a role he has held since 2018. AXA XL Unveils Carbon Management Strategy. AXA XL today 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. AXA XL, as a controller, uses cookies to provide its service, improve user experience, measure audience engagement, and interact with users’ social network accounts. In 2014, he also became Lloyd’s first Chief Risk Officer and a member of the Board. Prior to his current role, Matthieu had worked in Paris since 2015 as Deputy Global Chief Underwriting Officer at AXA Corporate Solutions (ACS), before also becoming CEO – France at ACS in 2016. He previously held the role of Global Head of Claims, following a promotion at XL Catlin in 2018. Post was not sent - check your email addresses! Noel Richardson was appointed Chief Risk Officer (CRO) for AXA XL in 2018. Key proposed changes to the operating model include the creation of a single global insurance Underwriting Function and the establishment of three geographical Business Units across the … According to Scott Gunter, CEO, “the regional structure means decisions can be made faster in country, while the global functions would mean our clients and brokers continue to benefit from our global expertise and experience. These areas are energy consumption, people movement (travel and vehicle fleet), and resources consumed. He transitioned to reinsurance when he joined XL Reinsurance America, Inc. in Stamford, Connecticut, in 2000 as an Assistant Vice President and Corporate Planning Analyst. The Carbon Management plan is a central focus of AXA XL’s strategy which focuses on climate change, access to water and financial resilience. Strategy outlines commitment and roadmap to decarbonize AXA XL’s operations in line with goal to limit global warming to below 1.5 °C. The service is to be made available globally, as the solution combines the expertise of AXA XL’s risk consultants with data mining capabilities and probabilistic algorithms to carry out multi-peril assessments of a company’s physical locations. He was responsible for directing XL Group’s property underwriting activities for General Property and Energy Property business and managing a global team of risk engineers. Prior, Nancy joined Swiss Re in 2013 as Head of Underwriting for Casualty, responsible for the underwriting and actuarial treaty teams in the US and Canada. Karen undertook several roles of increasing responsibility at AXA Liabilities Managers after joining in 2004, in addition to previous positions. This will generate cash,” Buberl told investors and analysts during a strategy update. As a leading global insurer, our role must be to make sure we are doing everything we can to make our clients, and our communities, better equipped for a potentially warming world,” said Scott Gunter, Chief Executive Officer at AXA XL. Joseph Tocco, Chief Executive Officer, Americas He began his career with AIG and Zurich North America in New York, writing International Primary Casualty business. Nancy Bewlay is Chief Underwriting Officer for AXA XL, as announced today. Sean is a non-executive board member of The City UK, which promotes the UK financial services sector, and is also Chairman of its International Trade & Investment Group. AXA XL’s focus on insurance, reinsurance, and risk management services demands a robust approach to the management of its data assets. AXA, Europe's second-biggest insurer, warned on Tuesday of a hit to its 2020 results as a result of the COVID-19 pandemic but hoped its new strategic … AXA XL, as a controller, uses cookies to provide its service, improve user experience, measure audience engagement, and interact with users’ social network accounts. Finance Act 2016 requires large businesses to publish a UK tax strategy. Underwriting will be led by a global Chief Underwriting Officer (CUO), responsible for underwriting governance, pricing, P&L and the management of the global heads of business lines in order to define and drive product strategy. Changes include the creation of a single global insurance underwriting function and the establishment of three geographical business units across the Americas, Eurasia, and the UK & Lloyd’s market. LONDON, April 21, 2020 /PRNewswire/ -- AXA XL today announced a new Leadership Team and proposed changes to the operating model of its … Sorry, your blog cannot share posts by email. London - United Kingdom - April 21, 2020. The Carbon Management plan is a central focus of AXA XL’s strategy which focuses on climate change, access to water and financial resilience. The company issued a profit guidance in February, alerting investors that earnings at Axa XL would be €200 million (US$238 million) lower than target and replaced the chief executive of the unit. AXA Group has announced that its sustainability and climate strategy will be extended to AXA XL, the division that was established following the acquisition of XL Group. Before joining AXA Liabilities Managers, Karen had spent three years in other Programme management roles within the Group. AXA XL in April 2020 announced a new leadership team and a new organization following a strategic review. AXA is hosting, this morning, a virtual Investor Day to present its strategic plan “Driving Progress 2023” and its key financial targets for 2021-2023. AXA XL, as a controller, uses cookies to provide its service, improve user experience, measure audience engagement, and interact with users’ social network accounts. NEW YORK, Sept. 29 2020 /PRNewswire/ -- AXA XL today 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. In 2002, he was appointed a Director and Lloyd’s General Counsel, with global responsibility for Lloyd’s legal, regulatory and Government affairs globally. Synergies are materializing well, and AXA XL should benefit from the increasingly positive pricing context. Finance Act 2016 requires large businesses to publish a UK tax strategy. In 2005, he transferred to the Bermuda office, where he was Senior Vice President & Underwriter for XL Re Ltd, with responsibility for Property catastrophe and specialty accounts business. Charles Cooper, Chief Executive Officer, Reinsurance Nancy joined XL Catlin in 2017 as the Global Chief Underwriting Officer for Casualty. He previously held the role of Head of North America Property & Casualty (P&C), which included Professional insurance lines for AXA XL. AXA, Europe's second-biggest insurer, warned on Tuesday of a hit to its 2020 results as a result of the COVID-19 pandemic but hoped its new strategic … He also served as Chief Executive of North America P&C unit for XL Group plc’s global insurance operations. “We’re in the business of building a more resilient planet and it’s no secret that a changing climate and its impacts on the environment presents our industry with a range of challenges and potential opportunities. 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