AXA XL has promoted Paul Rothery and Mark Appleton new roles.
Rothery has been promoted to the role of global CUO for marine liability and ports, while Appleton will be the head of energy liability for UK and Lloyd’s.
Rother will be responsible for developing AXA XL’s global portfolio and driving governance, underwriting guidelines and pricing standards across the business. He will also retain his current role as Head of Marine Liability & Ports, UK & Lloyd’s.
Meanwhile, Appleton will be responsible for delivering the book’s ‘ambitious growth strategy’.
Peter Welton, CUO for marine, energy, and aerospace for UK & Lloyd’s at AXA XL, said: “When I speak to Energy and Marine clients seeking to mitigate and transfer their current and future liability risks, I’m consistently told they’re looking for an insurance partner with a collaborative and consistent approach across its Energy and Marine liability teams; one that makes it simpler to do business and promotes knowledge-sharing and drives innovation.
He added: “At AXA XL, we have ambitious growth plans for these markets and having the right teams in place, working in a collaborative manner, is an integral part of our strategy to deliver on those. I’m therefore delighted that Paul and Mark will be taking on these new roles and am confident the commitment and attributes they bring with them will play an important role in helping us to achieve our goals.”
According to his LinkedIn page, Appleton joined AXA XL as a senior underwriter in January 2021 and nearly four-and-a-half years with Hamilton Insurance Group, where he was head of marine liability and senior underwriter. He has also held roles at The Navigators Group and Smith Bilbrough.