Reinsurance News

AXA XL promotes Olivia Shing

16th November 2021 - Author: Luke Gallin

AXA XL, the property & casualty and specialty risk division of global insurer AXA, has announced that Olivia Shing is to relocate from Singapore to London to assume the role of Head of Underwriting Management, UK & Lloyd’s.

olivia-shing-axa-xlShing’s promotion is effective immediately and sees her take on responsibility for supporting the company’s Chief Underwriting Officer, UK & Lloyd’s, Luis Prato, in executing the regional underwriting strategy and ensuring continued profitability.

In her new role, Shing will lead a team of business managers tied to each of the region’s underwriting departments, and will be responsible for supporting them in executing their strategy.

Additionally, she will support the Delegated Underwriting Governance Team and the UK & Lloyd’s Governance & Controls Manager.

Shing brings more than 18 years of experience in client servicing, distribution, and operational roles in the UK and Asia, having started her career in 2002 with NFU Mutual.

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Most recently, she served as Senior Operations Lead, Asia, AXA XL, having been promoted a number of times since joining XL in 2014. Earlier in her career, Shing worked at insurance and reinsurance brokers Willis and Marsh.

Prato commented: “As we progress on our journey to deliver sustainable profit in the UK, it’s critical that we continue to implement consistent underwriting standards, practices and procedures as well as robust governance controls.

“Olivia’s extensive industry experience, along with her seven years of working for AXA XL and its previous iterations, will be of great benefit to the UK & Lloyd’s business unit as we continue to deliver on our plan. I’m delighted to welcome Olivia to the team.”

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