AXA XL, the property, casualty and specialty risk division of AXA, has appointed Grace Xu as Senior Underwriter, Captives, within its Alternative Risk Solutions team.
Based in Los Angeles, California, she has taken up the role as the business continues to strengthen its captive insurance and alternative risk capabilities.
Xu joins AXA XL following more than three years at Starr Insurance, where she most recently served as Underwriter, Captive Reinsurance Fronting in Los Angeles.
In that position, she assessed complex risks across a wide range of industries, structured and priced reinsurance agreements, and worked closely with captive managers, brokers and actuaries to develop alternative risk transfer solutions that aligned with clients’ regulatory, capital and long-term risk management objectives.
Before this, Xu was an Associate Underwriter at Starr Insurance, specialising in captive reinsurance fronting and risk management. She also completed an internship with the company’s Global Operations Technology team in Chicago, where she gained experience in customer relationship management, professional indemnity insurance and operational processes.
In her new position, AXA XL has appointed Xu to support its Alternative Risk Solutions team by underwriting captive insurance programmes and contributing to the company’s specialist alternative risk offering for clients across a range of sectors.
