Anne Marie Elder is named global CUO, Specialty at Axa XL
Bermudian-based Axa XL has announced that Anne Marie Elder will take on the newly created role of global chief underwriting officer, Specialty, effective April 1.
The company said Ms Elder would collaborate with regional underwriting operations to set the strategic direction, and support business development, of Axa XL’s collective Marine, Aerospace, and Specialty Niche portfolios, under a newly created Global Specialty branch, part of Axa XL’s Global Chief Underwriting Office.
The company said that the GCUO worked with Axa XL’s regional underwriting teams to support profitable growth, assisting with underwriting discipline, pricing, risk aggregation and global product strategy.
Ms Elder will report to Libby Benet, global chief underwriting officer, who said: “Under Anne Marie’s leadership, this new structure will allow us to leverage the synergies between these portfolios, driving better alignment among those product lines and strengthening the size of our Specialty business.
“Anne Marie brings a wealth of market knowledge, insight and technical expertise gained from over 30 years in the insurance industry. Her underwriting management skills and strong leadership will be invaluable in helping us achieve our global growth ambitions and further enhance our offering to clients in the specialty market.”
Ms Elder currently serves as Axa XL’s global chief underwriting officer, Marine.
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