AXA XL has promoted Kareen Richardson to the role of head of healthcare in its Bermuda office.
The firm said in a statement that Richardson would be working in its Bermuda Insurance Excess Casualty business. She will report to Vivienne Moniz, head of excess casualty.
Moniz said: “We congratulate Kareen on this well-deserved advancement. Her vast industry knowledge and experience in healthcare has been an asset to the Excess Casualty Team, particularly as we navigated our business through the global pandemic.”
Richardson began her insurance career in the claims department of what was then XL Insurance (Bermuda) Ltd. She later worked as a technical assistant in the casualty underwriting department and subsequently has held progressively senior industry roles.
This includes assistant vice president, healthcare underwriter at Endurance Specialty Insurance, senior vice president, Bermuda operations manager/team leader and senior healthcare placement manager at Integro Insurance Brokers. She returned to AXA XL in 2019 as vice president, senior underwriter in the excess casualty department.
Patrick Tannock, CEO of AXA XL Insurance in Bermuda, said: “At AXA XL we pride ourselves on having adaptability and agility. Kareen has demonstrated both in her approach to building her professional career as well as delivering value to the business. We look forward to what she will accomplish in her new role.”