Bermudian Tyler Owen is to rejoin the Bermuda professional lines team at Axa XL as SVP, product line leader, the company announced.

Mr Owen, whose appointment is effective on Monday, will report to Axa XL’s Bermuda professional lines chief underwriting officer Matthew Irvine.

He will primarily be responsible for managing Axa XL’s Bermuda professional directors and officers portfolio, as well as underwriting errors and omissions, employment practices liability, wage and hour, and cyber liability on a book of business comprised of large multinational companies and professional service firms.

Mr Owen began his insurance career in 2009 as a professional associate underwriter, professional lines at Chubb, formerly Ace Ltd, in New York.

In 2011, he joined XL Insurance (Bermuda) Ltd, now known as Axa XL, as a professional lines underwriter and in 2013 was promoted to assistant vice-president, professional lines.

In that role, the company said, he was involved in the underwriting of a profitable portfolio and spearheaded the development of an innovative analytical tool to assess the risk of each account of the portfolio in real-time.

In 2017, Mr Owen left the company to focus on completing an MBA programme and pursue his own business interests.

Mr Irvine said: “We are extremely delighted to have Tyler return to the company. In addition to his admired innovative insight and underwriting acumen, his professional achievements in the past five years, including setting up his own holding company and purchasing multiple businesses that employ locals in Bermuda, attests to Tyler’s business expertise and leadership skills, which will be an asset to the professional lines team.”

Patrick Tannock, CEO of Axa XL’s Bermuda insurance operations, added: “Tyler’s return to Axa XL in this senior position is testament to his professional progress and our culture and commitment to attract, develop and advance local talent. We welcome him back and wish him much success in his new role.”

Mr Owen, who attended The Royal Military Academy Sandhurst in the UK as part of the Bermuda Regiment’s officer training programme, has a bachelor of science degree in risk management and insurance from St John’s University in New York and an MBA from the Ivey Business School of Western University in Ontario.

He has also earned chartered property casualty underwriter and registered professional liability underwriter designations.