AXA XL has appointed Anne Marie Elder to the newly created role of Global Chief Underwriting Officer, Specialty, effective April 1.
Elder currently serves as AXA XL’s Global Chief Underwriting Officer, Marine, having joined the business in 2011.
Before this, she held positions with The Hartford, Allianz and CNA Insurance.
According to AXA XL, for the new role, Elder will collaborate with regional underwriting operations to set the strategic direction and support business development, of its collective Marine, Aerospace, and Specialty Niche portfolios, under a newly created Global Specialty branch, part of AXA XL’s Global Chief Underwriting Office (GCUO).
“The GCUO works with AXA XL’s regional underwriting teams to support profitable growth, assisting with underwriting discipline, pricing, risk aggregation and global product strategy,” the firm explained.
Based in Hartford, Connecticut, Elder will report to Libby Benet, Global Chief Underwriting Officer, who commented, “Under Anne Marie’s leadership, this new structure will allow us to leverage the synergies between these portfolios, driving better alignment amongst 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.”
