In this role Nancy was responsible for developing core underwriting strategies and optimizing product profitability for AXA XL’s long tail insurance lines, including casualty, cyber and professional liability. He transitioned to reinsurance when he joined XL Reinsurance America, Inc. in Stamford, Connecticut, in 2000 as an Assistant Vice President and Corporate Planning Analyst. AXA XL has announced the appointment of Xavier Veyry as CEO of Asia and Europe, joining the firm’s newly configured Leadership Team. * AXA XL confirmed that the proposed changes affecting European entities, will be subject to consultation with employee representative bodies. 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The regional structure would mean decisions can be made faster in country, while the global functions would mean our clients and brokers continue to benefit from our global expertise and experience. Noel Richardson was appointed Chief Risk Officer (CRO) for AXA XL in 2018. AXA reported its nine-months 2020 results yesterday and the re/insurers CFO revealed that a recapitalisation of its AXA XL unit is planned, so that it can take advantage of rising reinsurance prices. Thank you! What Will the Senior Living Market Look Like for Insurers Post-Pandemic? published at 7:00 AM CET AXA announced today the appointment of Scott Gunter, previously Senior Vice President of Chubb Group and President of Chubb’s North America Commercial Insurance division, as … Rainer Schoellhammer was appointed Chief Financial Officer (CFO) for AXA XL in 2019. In 2010, Charles assumed the role of President and Chief Underwriting officer of XL Re Ltd. Brent Hoffman, Chief Claims Officer Scott Gunter, AXA XL CEO, confirmed the following Leadership Team to build out the envisaged operating model*: Scott Gunter said: “AXA XL is the result of acquisitions and mergers and with our increased scale, now is the time to optimize our structure by striking the right balance between local and global decision making so we remain agile and flexible.”. Key proposed changes to the operating model include the creation of a single global insurance Underwriting Function and the establishment of three geographical Business Units across the Americas, Eurasia, and the UK & Lloyd’s market. Axa XL is a subsidiary of global insurance and reinsurance company Axa.It is headquartered in Stamford, Connecticut, domiciled in Hamilton, Bermuda, and has more than 100 offices on 6 continents.. Prior, he was Chief Executive of Bermuda Reinsurance for XL Catlin. Schoellhammer was appointed CFO of AXA XL in 2019. Rainer Schoellhammer was appointed Chief Financial Officer (CFO) for AXA XL in 2019. Robert Martin In 2014, he also became Lloyd's first Chief Risk Officer and a member of the Board. He was responsible for directing XL Group’s property underwriting activities for General Property and Energy Property business and managing a global team of risk engineers. AXA XL has announced that Xavier Veyry has been appointed as CEO Asia & Europe. Brent started his career in private practice, working at both Bingham McCutchen LLP and Saul Ewing LLP. “This is a positive step forward for AXA XL and I strongly believe that this new leadership team will ensure we are the insurance partner of choice across business lines and around the world.”, AXA XL Forms New Leadership Team, Aims to Restructure with Regional Operating Model. He had previously joined Winterthur as Assistant Vice President Accounting Policy Group in 2002. “This Leadership Team is an international, highly experienced team of individuals: around half the team have a background at legacy XL Catlin, while the other half bring diverse and valuable experience from across the AXA Group. Mr. Etienne Bouas-Laurent, Group Chief Financial Officer. Global Insurance Professionals. Prior to this position, Joe served as President and Head of XL Group’s North America Property business and XL Global Asset Protection Services (XL GAPS), XL Group’s loss prevention consulting firm. Sean McGovern, General Counsel In taking up the role, Mr. Veyry will join AXA XL’s newly configured Leadership Team, reporting to Scott Gunter, CEO. Chief Financial Officer XL Catlin. Apr 2004 – Present 16 years 8 months. We have updated our privacy policy to be more clear and meet the new requirements of the GDPR. Thank you! The capital will be redeployed internally from AXA, the CFO explained, and will not affect the company’s overall solvency. Xavier currently is Country CEO of AXA China Prior to joining AXA, he worked principally in the life assurance sector after starting his career in consultancy and subsequently European Head of Life Product Management within AIG. Nancy Bewlay is Chief Underwriting Officer for AXA XL, as announced today. The proposed shakeup follows the recent appointment of Scott Gunter, previously at rival Chubb Ltd., as chief executive officer of Axa XL. He will replace Greg Hendrick, who has … Chief Financial Officer (CFO) Network | #1 Exec Finance Group. Required fields are marked *. The appointment is part of an overhaul of its leadership structure which will see the leaders of geographical business units joining the leadership team. The team at AXA XL, led by Chief Executive Officer (CEO) Scott Gunter, is looking to capitalise on rising prices in the current hardening market environment, in an effort to both enhance and increase the underwriting performance of the business, according to Thomas Buberl, CEO of AXA. Noel Richardson, Chief Risk Officer AXA announced the appointment of Scott Gunter as chief executive officer of AXA XL. Axa XL Insurance Canada’s CEO Uhlmann and aerospace head Watts depart 2020-10-19T23:08:00 Axa XL Insurance Canada’s CEO and chief agent Urs Uhlmann and head of aerospace David Watts have both left the company, The Insurer can reveal. Oversee XL Catlin's P&C Insurance and Reinsurance Business Finance and Group Planning functions. Prior, she held the role of Global Chief Underwriting Officer for Long Tail Property & Casualty (P&C) risks. “This leadership team is an international, highly experienced team of individuals: around half the team have a background at legacy XL Catlin, while the other half bring diverse and valuable experience from across the AXA Group,” Gunter noted. Between 2012 and 2015, Rainer held the role of CFO at AXA Corporate Solutions, after a short spell as Senior Vice President BSD for Japan & Asia-Pacific at AXA Group. He previously held the role of Head of North America Property & Casualty (P&C), which included Professional insurance lines for AXA XL. AXA XL helps you take your business further. You can disable them at any time. XL Group has announced management changes and departures in anticipation of the planned acquisition of XL by AXA. Rainer Schoellhammer was appointed Chief Financial Officer (CFO) for AXA XL in 2019. He had previously worked in Germany for companies including Bain & Company and Lazard & Co Ltd. AXA XL, as a controller, uses cookies to provide its service, improve user experience, measure audience engagement, and interact with users’ social network accounts. Rainer joined AXA in 2006, after it acquired Winterthur Group, the insurance division of Credit Suisse. Rainer was previously Group Finance Controller at AXA Group, a … Nancy joined XL Catlin in 2017 as the Global Chief Underwriting Officer for Casualty. Between 2012 and 2015, Rainer held the role of CFO at AXA Corporate Solutions, after a short spell as Senior Vice President BSD for Japan & Asia-Pacific at AXA Group. The three geographical Business Units will be led by CEOs, who would be responsible for the balance sheets of their geographies and managing talent.*. Nancy also served as the President & Chief Executive Officer of C.V. Starr & Company (California) and was responsible for the overall operations of the agency. Rainer was previously Group Finance Controller at AXA Group, a role he held since 2015. Rainer Schoellhammer was appointed Chief Financial Officer (CFO) for AXA XL in 2019. He also served as Chief Executive of North America P&C unit for XL Group plc’s global insurance operations. Roles within XL Group include: • Manage the global consolidation and close efforts including internal and external financial reporting and disclosure. Before joining Winterthur, Rainer had worked as a research assistant while completing a PhD in Accounting at the University of St. Gallen in Switzerland. With AXA XL's global footprint, culture of service and unparalleled expertise, we'll be there for you -wherever and whenever you need us. In this role, Joe was responsible for driving the development and effective delivery of innovative insurance and risk management solutions for our brokers and clients based in the US, Canada and Bermuda. Before joining XL Group, Sean held various senior positions at Lloyd’s of London, having joined in 1996 from private practice at Clifford Chance. The regional structure would mean decisions can be made faster in country, while the global functions would mean our clients and brokers continue to benefit from our global expertise and experience, he added. Please tell us what you liked about it. Prior, Joe served as Chief Executive of the Americas region for XL Catlin. The Underwriting Function will be led by a global chief underwriting officer (CUO), who will be working to design the structure of the proposed new model,said AXA XL in a statement. By continuing to use our site, you accept our revised Privacy Policy. Brent is Chief Claims Officer at AXA XL, as announced today. Joseph Tocco is Chief Executive Officer, Americas, as announced today. Managing Director, XL Leadership Council EVP & CFO, XL Reinsurance He began his career with AIG and Zurich North America in New York, writing International Primary Casualty business. He previously held the role of Global Head of Claims, following a promotion at XL Catlin in 2018. Brent joined XL Group in 2014 and previously held the positions of Global Practice Leader – Casualty Claims and General Counsel – Global Claims, with a place on the Claims Leadership Team. He set up AXA Corporate Solutions Space division in 2007 and led it until 2012. Karen le Duc, Chief HR Officer Under the changes, some Axa XL … Matthieu Caillat is Chief Operating Officer at AXA XL. Rainer was previously Group Finance Controller at AXA Group, a role he held since 2015. AXA XL announced a new leadership team and proposed changes to the operating model of its Insurance business following a strategic review. “This is a positive step forward for AXA XL and I strongly believe that this new Leadership Team will ensure we are the insurance partner of choice across business lines and around the world.”. * In line with usual practise, the proposed changes affecting European entities, will be subject to consultation with employee representative bodies. Paris-based AXA’s “who’s who” web page, as of Oct. 27, lists Hopkinson as interim Canadian country manager reporting to Joe Tocco, AXA XL’s CEO, Americas. Karen le Duc is appointed Chief Human Resources Officer, having previously held a number of senior roles on the EXCOM for AXA Liabilities Managers. Rainer was previously Group Finance Controller at AXA Group, a … In this role, Nancy was responsible for the aggregated portfolio management of the Global casualty lines. Mr. Gunter continued: “I have spent my first 60 days as CEO considering our priorities and our structure and assembling the right team to drive AXA XL forward. Charles Cooper, Chief Executive Officer, Reinsurance Before joining AXA Liabilities Managers, Karen had spent three years in other Programme management roles within the Group. Following today’s announcement, he will also lead Data & Analytics. Rainer Schoellhammer was appointed Chief Financial Officer (CFO) for AXA XL in 2019. AXA XL is a leading provider of P&C global commercial insurance offering insurance and reinsurance to enterprises of every kind and size. Rainer Schoellhammer, Chief Finance Officer Key proposed changes to the operating model include the creation of a single global insurance Underwriting Function and the establishment of three geographical Business Units across the Americas, Eurasia, and the UK & Lloyd’s market. In this role he is responsible for defining and ensuring application of the risk strategy and associated framework, governance, processes and appetites across AXA XL. 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In addition to his duties as CEO, Scott Gunter had assumed the role of Interim CEO Eurasia in the context of the new organization of AXA XL and of its leadership team. “We want to continue to serve our clients and brokers to the very best of our ability while being a simpler organization to navigate. He has also been appointed by the US Treasury to serve as a member of the US Federal Advisory Committee on Insurance, which advises the US Treasury on insurance issues. Rainer Schoellhammer was appointed Chief Financial Officer (CFO) for AXA XL in 2019. For more detailed information on the cookies used for this website, you can read our Cookie Policy. He will replace Greg Hendrick, who has decided to pursue other opportunities outside the group. In 2005, he transferred to the Bermuda office, where he was Senior Vice President & Underwriter for XL Re Ltd, with responsibility for Property catastrophe and specialty accounts business. Prior, Nancy joined Swiss Re in 2013 as Head of Underwriting for Casualty, responsible for the underwriting and actuarial treaty teams in the US and Canada. AXA announced today the appointment of Scott Gunter, previously Senior Vice President of Chubb Group and President of Chubb’s North America Commercial Insurance division, as CEO of AXA XL. Prior to his current role, Matthieu had worked in Paris since 2015 as Deputy Global Chief Underwriting Officer at AXA Corporate Solutions (ACS), before also becoming CEO - France at ACS in 2016. Rainer was previously Group Finance Controller at AXA Group, a role he held since 2015. Karen undertook several roles of increasing responsibility at AXA Liabilities Managers after joining in 2004, in addition to previous positions. Robert Martin. Prior to joining XL Group, Brent was with The Hartford for more than 12 years, where he held various in-house attorney positions in addition to a Vice President role in the company's Claims Department, with responsibility for managing claim groups in the US and UK. He will replace Greg Hendrick, who has decided to pursue other opportunities outside the Group. London - United Kingdom - February 20, 2020. Veyry will report to Scott Gunter, CEO of AXA XL, according to a press release by the global insurance provider. Having started his insurance career at the company in 2003, Matthieu worked his way up through the organization, holding positions in the Specialty Markets Division, including in risk modelling, portfolio management and business development. In this role, her focus was on pricing development, portfolio management and strategy development and deployment. Between 2012 and 2015, Rainer held the role of CFO at AXA Corporate Solutions, after a short spell as Senior Vice President BSD for Japan & Asia-Pacific at AXA Group. The Underwriting Function will be led by a global Chief Underwriting Officer (CUO), who will be working to design the structure of the proposed new model. Rainer was previously Group Finance Controller at AXA Group, a … Today, I am proud to announce the new branding of AXA and XL operations: upon closing of the acquisition of the XL Group, AXA XL will combine our P&C commercial lines and specialty risks into a new entity of the AXA Group. He directed XL Group’s multiline P&C operations, including underwriting activities for General Property, Global Risk Management, Excess Casualty, North America Programs, Construction, Environmental and Excess & Surplus coverages, in the US and Canada. The CUO would be responsible for underwriting governance, pricing, P&L and the management of the global heads of business lines in order to define and drive product strategy. Notes to Editor: Nancy Bewlay, Chief Underwriting Officer “AXA XL is the result of acquisitions and mergers and with our increased scale, now is the time to optimize our structure by striking the right balance between local and global decision making so we remain agile and flexible,” said Scott Gunter, AXA XL CEO. Specialty risk firm AXA XL, a subsidiary of global insurer AXA, announced this week that it has appointed Xavier Veyry, the country CEO of AXA China, to head its Asia and Europe operations. Global reach, local empowerment - Our Claims professionals deliver uncompromisingly high levels of service and are positioned to manage covered claims in more than 200 countries and territories. Please tell us what we can do to improve this article. Rainer Schoellhammer, Chief Financial Officer. AXA XL in June 2020 announced that Xavier Veyry had been appointed as CEO Asia & Europe, based in Dublin, Ireland, and reporting to Scott Gunter, AXA XL CEO. 1st December 2020 - Author: Luke Gallin. Fresh capital is expected to help AXA XL achieve further profitable growth at the 2021 renewals, particularly at a time when reinsurance pricing is looking very attractive. The CUO would be responsible for underwriting governance, pricing, P&L and the management of the global heads of business lines in order to define and drive product strategy. Joseph Tocco, Chief Executive Officer, Americas, Scott Gunter, Interim Chief Executive Officer, Eurasia, Sean McGovern, Interim Chief Executive Officer, UK & Lloyd’s market, Charles Cooper, Chief Executive Officer, Reinsurance, Karen le Duc, Chief Human Resources Officer, Matthieu Caillat, Chief Operating Officer, Rainer Schoellhammer, Chief Financial Officer. ... Vice President, Finance at AXA XL, a division of AXA. The CEO of AXA on Thursday expressed confidence in the French insurer's company-focused XL Group after the business reported a loss in the … % of people found this article valuable. AXA XL today announced a new Leadership Team and proposed changes to the operating model of its Insurance business following a strategic review. Rainer was previously Group Finance Controller at AXA Group, a role he held since 2015. Nancy joined C.V. Starr & Company in 2006 as Manager of the East Coast offices and continued her tenure with advancing responsibilities and roles; including Executive Vice President & Director of Field Operations. Between 2012 and 2015, Rainer held the role of CFO at AXA Corporate Solutions, after a short spell as Senior Vice President BSD for Japan & Asia-Pacific at AXA Group. Rainer was previously Group Finance Controller at AXA Group, a role he held since 2015. In 2016, the company wrote $13.890 billion in gross premiums, of which 69% was insurance, 29% was reinsurance, and 2% was other. Before 2011, he had spent five years at AXA Germany, where he undertook various senior roles, including Head of Financial Planning and Analysis, Controller, and CFO of a specialized life entity. Today, French insurance and investment giant AXA held its virtual … HAMILTON, Bermuda, May 23, 2011 – XL Group plc (NYSE: XL) ("XL" or the "Company") announced today that Irene M. Esteves will be leaving the company following a transition period to pursue an opportunity with a Fortune 150 Company outside the insurance industry.XL will initiate a search for Ms. Esteves’ replacement. He has led the Operations & Technology function at AXA XL since 2018. Joseph Tocco, Chief Executive Officer, Americas Matthieu Caillat, Chief Operating Officer Charles has more than 20 years of experience in the industry. Get the insurance industry's trusted newsletter, Your email address will not be published. Charles Cooper is Chief Executive of AXA XL’s Global Reinsurance operations, a role he has held since 2018. We won't set optional cookies unless you enable them. As General Counsel, Sean has oversight of legal, compliance and regulatory matters. On October 1, 2020, this Management Committee comprised thirteen members: Mr. Thomas Buberl, Chief Executive Officer of AXA. He was previously group finance controller at AXA Group, a role he held since 2015. Mr. George Stansfield, Group Deputy Chief Executive Officer (" Directeur Général Adjoint ") and General Secretary. We want to continue to serve our clients and brokers to the very best of our ability while being a simpler organisation to navigate. The three geographical Business Units will be led by CEOs, who would be responsible for the balance sheets of their geographies and managing talent. Sean is a non-executive board member of The City UK, which promotes the UK financial services sector, and is also Chairman of its International Trade & Investment Group. Rainer Schoellhammer was appointed Chief Financial Officer (CFO) for AXA XL in 2019. Gunter confirmed the leadership team, which will build out the envisaged operating model, as follows: “I have spent my first 60 days as CEO considering our priorities and our structure and assembling the right team to drive AXA XL forward,” Gunter said. (RTTNews) - French insurer Axa SA (AXAHY.PK) announced Thursday the appointment of Scott Gunter as CEO of AXA XL. These included CIO / Global Head of Business Support (2004), Global Head of Human Resources (2012), Global Head of Communications (2014), Head of Global Shared Services Centre and Integration (2016) and CEO AXA Liabilities Managers US (2018). Mr. Veyry is currently Country CEO of AXA China and Chairman of AXA Tianping in China and AXA General Insurance in Korea. In addition to serving on the leadership team of AXA XL, having joined XL Group in 2016, McGovern has led the claims, legal and compliance, and regulatory and … He joined AXA in 1994 and has held several posts during his time with the Group, notably Chief Financial Officer (CFO) of several operating entities (AXA Germany, AXA Belgium, AXA Bank Europe), CFO of the Northern Europe and CEE Region and of the Life and Health operations worldwide, Group Head of Corporate Finance and Treasury, Group Head of Life, Savings & Health Insurance and Risk Management. Between 2010 and 2015, Matthieu had been acting as Managing Director and then CEO of AXA Corporate Solutions UK and AXA Matrix UK, based in London. Joe joined XL Group in 2011 from Zurich Financial Services, where he led the North America Property group, Global Corporate Business Unit. 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