AXA XL, the property & casualty and specialty risk division of global insurer AXA, has named Thisiani Matsumura-Martins as its new Global Chief Underwriting Officer (CUO) of Aerospace, effective April 1st, 2022.
Based in São Paulo, Brazil, Matsumura-Martins will report to Nancy Bewlay, Global CUO and work closely with Regional Business Units to both develop and assess underwriting strategic direction and profitability for the Aerospace business.
She brings 27 years of insurance and reinsurance industry experience to the role. Previously, Matsumura-Martins held positions at Allianz and Liberty, and as an underwriter in a range of business lines including Aerospace, Property, Construction, Marine, Personal Accident, and Life.
Matsumura-Martins joined AXA XL in 2014 as Technical Director for Brazil, before being named Chief of Staff for Latin America.
Currently, she is the interim Regional Leader for AXA XL in Latin America and Country Manager for Brazil, where she is co-leading the integration of the group’s operations in the country.
“Thisiani brings a wealth of technical and market-facing experience. She is a seasoned regional leader prepared to support the Aerospace team in product development, innovation and client and broker engagement across all geographies and markets,” said Bewlay.
AXA XL has also announced that Tom Callahan has been promoted to Global Head of Underwriting Management and CUO of Aviation. Based in New York, he will report to Matsumura-Martins.
Callahan has been part of the firm’s Aerospace team since 2006, most recently serving as the Global Head of Underwriting Management. In his new role, he assumes greater responsibility and management of the technical underwriting strategy for Aviation.
“Over the last few months, Tom has been instrumental in supporting our Global Aerospace business in the absence of a Global CUO. He will be equally instrumental in his new expanded role as we continue to grow our global aviation business,” said Bewlay.
