Monday, March 13, 2023
HomeInsuranceAXA XL names head of mid-market non-public fairness

AXA XL names head of mid-market non-public fairness

“Within the US, we’re taking a focused strategy in launching our mid-market capabilities,” Waters stated. “By specializing in a particular market section, we will thoughtfully ramp up our underwriting capabilities and operations and prolong to different enterprise segments as we develop.”

Liantonio joins AXA XL from CNA, the place he served as head of economic non-public fairness underwriting for the East area. Previous to CNA, he held positions with Vacationers, additionally centered on non-public fairness in addition to mergers and acquisitions, and Zurich North America. Liantonio started his underwriting profession with Larger New York Insurance coverage Corporations.

Learn subsequent: AXA XL on supporting the insurance coverage sector by means of a interval of transition

“Addressing the insurance coverage wants of personal fairness portfolio firms offers us a rare alternative to handle various dangers whereas assembly the demand for effectivity and responsiveness,” Waters stated. “We’re very lucky to get John to facilitate the launch of this enterprise and construct out his workforce.”

The US mid-market workforce is anticipated to formally launch its underwriting operations in July. At launch, the workforce will supply employees’ compensation, business auto, normal legal responsibility, property, and umbrella protection.

Final month, AXA XL expanded its wonderful artwork workforce with a number of key appointments. In January, the corporate added six new hires to AXA XL Danger Consulting.

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