Saturday, June 25, 2022
HomeInsurance Business AmericaAXA XL selects new international chief underwriting officer

AXA XL selects new international chief underwriting officer

AXA XL has introduced the appointment of Libby Benet to the position of worldwide chief underwriting officer (GCUO). The promotion will see her succeed Nancy Bewlay who just lately assumed management of AXA XL’s international reinsurance operation. 

Benet first joined AXA XL in 2020, taking up the position of chief underwriting officer for cyber. When AXA XL carried out its new working mannequin, she expanded her position, assuming international chief underwriting officer duties for all monetary strains, together with cyber.

Earlier than becoming a member of the insurer, Benet managed her personal consultancy the place she aided insurers within the improvement and implementation of latest insurance coverage merchandise. Previous to this her insurance coverage profession additionally included positions with Beazley, Basic Reinsurance and Zurich.

She is a graduate of Towson College and the College of Baltimore Faculty of Legislation and is a member of the Maryland State Bar – in addition to being a Licensed Data Privateness Skilled (CIPP US) and Licensed Data Privateness Supervisor (CIPM) via the Worldwide Affiliation of Privateness Professionals.

Commenting on the appointment, AXA XL CEO Scott Gunter stated: “Given the GCUO’s duty for underwriting governance, pricing, danger aggregation and international product technique, this can be a massive position to fill, and Libby is effectively ready for it. 

“Libby has accomplished a powerful job working with our regional underwriting groups to assist their disciplined underwriting, enhance pricing, and handle our combination publicity in assist of our worthwhile progress. Libby’s confirmed management, market perception and portfolio administration expertise will proceed to show helpful in her new expanded management position.”


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