AXA XL, the commercial re/insurance arm of the AXA Group, has promoted Peter O’Neill to UK head of downstream and power.
Effective immediately, O’Neill will manage the underwriting operations in the UK for downstream energy and power.
Before joining AXA XL as an energy underwriter in 2014, he began his energy career at Marsh in 2008 as an onshore broker, managing all terrorism accounts within energy.
In 2010, he joined Aon, where he was selected for the company’s Impact Programme.
O’Neill succeeds Peter Welton, who was promoted to UK Head of Energy in October 2019.
“I am delighted that Peter will be taking on this role and have every confidence that his high level of technical expertise and knowledge will further strengthen our UK Energy business,” said Peter Welton, UK Head of Energy at AXA XL.
“His promotion is also a testament to the depth of talent we have here at AXA XL.”
