AXA XL has announced that it has appointed Adam Lait as Senior Underwriter, Marine Liability & Ports, UK & Lloyd’s.
Lait’s appointment is effective immediately.
In the role he will hold responsibility for developing and managing underwriting strategies for renewing and new business within AXA XL’s Marine Liability & Ports book business within the UK.
Lait will also report to Paul Rothery – Global Chief Underwriting Officer and Head of Marine Liability & Ports, UK & Lloyd’s.
Lait brings a deep level of expertise within the marine liability and ports market towards his new role. He has served as a broker in the London market for more than 20 years.
He began his career in the industry at Heath Lambert in 2001, with broking positions at Alston Gayler, Lockton and most recently Marsh where he held the role of Senior Vice President.
Addressing Lait’s appointment, Rothery said: “I’m delighted to welcome Adam to the team. He is highly regarded by brokers, underwriters, and clients across the market and brings with him a wealth of knowledge, experience and integrity, making him a great fit to lead our large and diverse underwriting portfolio.”
Sundeep Khera, Head of Marine, UK & Lloyd’s, and Global Head of Hull at AXA XL, said: “To provide our partners and clients with the support they need to mitigate and transfer their risks – while also creating innovative solutions in the years ahead – investing in talent is essential. Adam’s deep understanding of the Marine liability sector, as well as his strong industry network, further bolsters our capabilities in the region, helping us to achieve our ambitions.”
AXA XL recently backed the launch Intangic MGA – a data science-driven, London-based cyber MGA, that offers innovative cyber insurance cover for large public corporations headquartered in the UK.
Additionally, AXA XL recently made several Inland Marine & Liabilities promotions within its Americas marine insurance business
