AXA XL has announced the appointment of Lucy Pilko as Chief Executive Officer for the Americas region of its insurance operations, effective October 30, 2023.
Pilko succeeds Joseph Tocco who has decided to retire, after more than 12 years as a senior executive in the company’s Insurance business, including his current position as Chief Executive for the Americas. Tocco will remain as a special advisor through 2023.
Pilko’s remit in the role will include leading the company’s insurance business in the Americas, comprised of its U.S., Canada, and Bermuda operations.
Pilko is a market veteran with over 20 years of insurance industry consulting experience. Most recently she served as Managing Director and Senior Partner for Boston Consulting Group (BCG), leading its North American Insurance practice across Commercial Lines, Personal Lines, Brokerage, Individual and Group Life and Reinsurance.
In this role, Pilko developed a particular focus on operating models and digital transformation and served on BCG’s large-scale transformation and people and organization practices.
Scott Gunter, AXA XL, CEO, commented on the appointment, “Given her decades of insurance industry consulting experience, Lucy brings a unique cross-industry perspective. Together with the Americas leadership team and our deep bench of underwriting, risk consulting and claims expertise, Lucy’s experience will be valuable as we push forward on our strategy, building our recognition and positioning AXA XL for further growth across the Americas.”
“Lucy joins a very strong and determined team, thanks to Joe Tocco. Because of his leadership, our Americas region is well positioned for future success. All of us at AXA XL wish Joe a happy retirement and thank him for his commitment to serving our brokers and clients and his years of dedication in helping build our Americas operation to what it is today,” Gunter concluded.
