AXA XL Insurance has further expanded its U.S. Mid-Market team with the addition of Matthew Duke as Head of Pricing, U.S. Middle Market Analytics.
Duke joins AXA XL from Xceedance, where he served as Senior Vice President and Chief Actuary, Head of Global Actuarial Services.
Before this, he served as Head of Pricing and Growth Analytics and interim Head of Risk for Blackboard Insurance.
Duke’s two-decade-long career also includes various pricing and reserving positions with Guy Carpenter, Arch Insurance and Travelers.
He holds credentials as an Associate of the Casualty Actuarial Society (ACAS), Associate in Reinsurance (ARe) and Member of the American Academy of Actuaries (MAAA). Duke received his undergraduate degree in Applied Math & Statistics from Stony Brook University and earned his MBA from the University of Pennsylvania’s The Wharton School.
Head of U.S. Middle Market Matt Waters, commented, “With the addition of Matthew, we continue to build out a strong team of industry talent and move another step closer to officially launching our underwriting operation.
“Matt’s career experience, especially his work establishing actuarial pricing infrastructure and portfolio monitoring tools to support underwriters, is particularly relevant to our situation and focus on efficiency.
“In his new role with us, Matt is tasked with developing our US Middle Market pricing strategy and infrastructure.”
AXA XL suggests that its Mid-Market team is actively building out its client offering in the U.S., leveraging its strength in underwriting, data, claims handling and global capabilities.
The team plans to officially launch its underwriting operations in June 2023, where it will offer Workers Compensation, Commercial Auto, General Liability, Property and Umbrella to Private Equity firms.
