AXA XL UK & Lloyd’s enterprise unit has named Louise Nevill as its new chief underwriting officer – Specialty and Sundeep Khera as head of marine and power.
The transfer is a part of a restructuring of AXA XL’s underwriting mannequin, spearheaded by UK & Lloyd’s chief underwriting officer Mike Gosselin.
Nevill, reporting on to Gosselin, will oversee the Specialty enterprise.
This encompasses power, marine and aerospace; equine, livestock and aquaculture; high quality artwork and specie; political danger, credit score & bond; political violence, safety danger and product recall; and sports activities, media and leisure.
Most just lately, Nevill labored as CEO of Marine, Cargo, and Logistics at Marsh Specialty UK, the place she has amassed practically 30 years of business expertise.
Khera has served as world chief underwriting officer for Marine Hull, and head of marine underwriting, UK & Lloyd’s since 2021.
He’ll assume his new position with instant impact and report back to Nevill upon her arrival at AXA XL later this 12 months.
Khera held numerous positions in transport operations, stowage planning and business and basic administration earlier than becoming a member of AXA in 2013.
Gosselin mentioned: “Having aligned these merchandise below one mixed specialty pillar, we’re assured that this may improve collaboration with brokers in any respect ranges, and in the end strengthen {our relationships} and our capability to satisfy the various wants of our shoppers.
“Each Louise and Sundeep are extraordinarily revered available in the market, and Louise particularly will play a key position in supercharging our total speciality operate, whereas sustaining underwriting self-discipline and optimising profitability.”
Earlier this month, AXA XL partnered with Darkweb IQ, aiming to bolster cybersecurity for its cyber insurance coverage shoppers by providing them “preferential pricing” for Darkweb IQ’s providers.
