axa xl strategy

NEW YORK, Sept. 29 2020 /PRNewswire/ -- AXA XL today unveiled its Carbon Management Strategy which aims to accelerate its contribution to the transition towards a more sustainable and less carbon-intensive economy by 2050. Strategy outlines commitment and roadmap to decarbonize AXA XL’s operations in line with goal to limit global warming to below 1.5 °C. ... XL Bermuda Limited – UK Branch XL Gracechurch Limited and its UK subsidiaries XL London Market Group Ltd and its UK subsidiaries XL RE Europe SE – … Axa XL launches carbon management strategy 2020-10-01T13:04:00 Axa XL has unveiled a carbon management strategy which aims to accelerate its contribution to the transition towards a more sustainable and less carbon-intensive economy by 2050. ALL ARTICLES | Commitment. According to Scott Gunter, CEO, “the regional structure means 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. AXA XL Announces New Leadership Team and Strategy, Allen Koski joins Insured Nomads as President and Chief Innovation Officer, NBER publishes “Insurance and Propagation in Village Networks” working paper, Swiss Re Institute: global insurance markets set to rebound in 2021, Swiss Re Advice on Reopening Public Spaces in the Wake of Covid-19, Nancy Bewlay, Chief Underwriting Officer (CUO), Sean McGovern, Interim CEO UK & Lloyd’s market, Karen le Duc, Chief Human Resources Officer, Matthieu Caillat, Chief Operating Officer (COO), Noel Richardson, Chief Risk Officer (CRO), Rainer Schoellhammer, Chief Finance Officer (CFO). 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. 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. He began his career with AIG and Zurich North America in New York, writing International Primary Casualty business. ... XL Bermuda Limited – UK Branch XL Gracechurch Limited and its UK subsidiaries XL London Market Group Ltd and its UK subsidiaries XL … He also served as Chief Executive of North America P&C unit for XL Group plc’s global insurance operations. Copyright © Global Benefits Knowledge SA 2014-2020 - All Rights Reserved -- Global Benefits Vision magazine ISSN 2418-4349 -- Published in Luxembourg. A former industry executive and management consultant, Eric leads a team dedicated to provide accurate, high value business information to today's practitioners. AXA XL, as a controller, uses cookies to provide its service, improve user experience, measure audience engagement, and interact with users’ social network accounts. 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). The AXA Group’s parent company, AXA SA, publishes a Group Tax Policy. Prior, Joe served as Chief Executive of the Americas region for XL Catlin. 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. AXA XL today unveiled its Carbon Management Strategy which aims to accelerate its contribution to the transition towards a more sustainable and less carbon-intensive economy by 2050. Charles Cooper is Chief Executive of AXA XL’s Global Reinsurance operations, a role he has held since 2018. AXA XL in April 2020 announced a new leadership team and a new organization following a strategic review. Two months after the closing of the XL acquisition, the new division dedicated to large P&C Commercial Lines will implement AXA Group’s Corporate Responsibility policies, including those that relate to the fight against tobacco, climate change and controversial weapons. The three geographical Business Units will be led by CEOs, responsible for the balance sheets of their geographies and managing talent. AXA XL Announces New Leadership Team and Strategy. AXA XL today announced a new Leadership Team and proposed changes to the operating model of its Insurance business following a strategic review. Following several years of detailed monitoring of the organization’s consumption and using 2019 as a baseline, AXA XL has identified the key levers that will help decarbonize its operational impact. Noel Richardson, Chief Risk Officer AXA XL, the property & casualty and specialty risk division of AXA, has released details of its carbon management strategy, designed to accelerate the company’s contribution to the transition towards a less carbon-intensive economy by 2050. Finance Act 2016 requires large businesses to publish a UK tax strategy. Charles Cooper, Chief Executive Officer, Reinsurance Noel Richardson was appointed Chief Risk Officer (CRO) for AXA XL in 2018. AXA XL, as a controller, uses cookies to provide its service, improve user experience, measure audience engagement, and interact with users’ social network accounts. AXA, Europe's second-biggest insurer, warned on Tuesday of a hit to its 2020 results as a result of the COVID-19 pandemic but hoped its new strategic … AXA XL is the P&C and specialty risk division of AXA. We partner with those who move the world forward. The Carbon Management plan is a central focus of AXA XL’s strategy which focuses on climate change, access to water and financial resilience. Rainer Schoellhammer, Chief Finance Officer AXA XL, the property & casualty and specialty risk division of AXA, has released details of its carbon management strategy, designed to accelerate the company’s contribution to the transition towards a less carbon-intensive economy by 2050. Global Benefits Vision founder and expert in global compensation & employee benefits, global mobility and insurance at large. Rainer Schoellhammer was appointed Chief Financial Officer (CFO) for AXA XL in 2019. The Carbon Management plan is a central focus of AXA XL’s strategy which focuses on climate change, access to water and financial resilience. Karen le Duc, Chief HR Officer  LONDON, April 21, 2020 /PRNewswire/ -- AXA XL today announced a new Leadership Team and proposed changes to the operating model of its … New York - September 29, 2020. We won't set optional cookies unless you enable them. AXA XL¹, the property & casualty and specialty risk division of AXA, provides insurance and risk management products and services for mid-sized companies through to large multinationals, and reinsurance solutions to insurance companies globally. https://www.axa.com/en/about-us/axa-and-climate-change. Changes 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. … The presentation includes dedicated sections on France and Europe, AXA XL and Cash and Capital. Nancy Bewlay is Chief Underwriting Officer for AXA XL, as announced today. He previously held the role of Global Head of Claims, following a promotion at XL Catlin in 2018. 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 … 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. Underwriting will be led by a global Chief Underwriting Officer (CUO), 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. 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. 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 XL today announced a new Leadership Team and proposed changes to the operating model of its Insurance business following a strategic review. Before joining AXA Liabilities Managers, Karen had spent three years in other Programme management roles within the Group. He previously held the role of Head of North America Property & Casualty (P&C), which included Professional insurance lines for AXA XL. You can disable them at any time. The Carbon Management plan is a central focus of AXA XL’s strategy which focuses on climate change, access to water and financial resilience. AXA XL’s focus on insurance, reinsurance, and risk management services demands a robust approach to the management of its data assets. The AXA Group’s parent company, AXA SA, publishes a Group Tax Policy. In 2002, he was appointed a Director and Lloyd’s General Counsel, with global responsibility for Lloyd’s legal, regulatory and Government affairs globally. 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. AXA XL, as a controller, uses cookies to provide its service, improve user experience, measure audience engagement, and interact with users’ social network accounts. Following several years of detailed monitoring of the organization’s consumption and using 2019 as a baseline, AXA XL has identified the key levers that will help decarbonize its operational impact. 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. To learn more, visit www.axaxl.com. The centrepiece of that plan was the $15bn acquisition of Bermuda-based XL, and the demerger of its US life insurance business, Axa Equitable. 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. Matthieu Caillat, Chief Operating Officer Within each area, the strategy establishes sub-targets for the main impact areas including absolute Green House Gas (GHG) emission reduction targets (25% reduction) and intensity of resource consumption (see infographic.). Sorry, your blog cannot share posts by email. AXA XL in April 2020 announced a new leadership team and a new organization following a strategic review. Buying XL was also part of Axa’s strategic transformation, but 2020 was looking like a tough year even before Covid-19. ¹AXA XL is a division of AXA Group providing products and services through three business groups: AXA XL Insurance, AXA XL Reinsurance, and AXA XL Risk Consulting. ALL ARTICLES | Finance AXA reveals its strategic plan for 2020 Every year, we gather with our investors for an Investor Relations (IR) Day. The service is to be made available globally, as the solution combines the expertise of AXA XL’s risk consultants with data mining capabilities and probabilistic algorithms to carry out multi-peril assessments of a company’s physical locations. Rainer was previously Group Finance Controller at AXA Group, a role he held since 2015. AXA XL today unveiled its Carbon Management Strategy which aims to accelerate its contribution to the transition towards a more sustainable and less carbon-intensive economy by 2050. We won't set optional cookies unless you enable them. Rainer joined AXA in 2006, after it acquired Winterthur Group, the insurance division of Credit Suisse. 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. Prior, he was Chief Executive of Bermuda Reinsurance for XL Catlin. She will lead a … 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. The company issued a profit guidance in February, alerting investors that earnings at Axa XL would be €200 million (US$238 million) lower than target and replaced the chief executive of the unit. Karen le Duc is appointed Chief Human Resources Officer, having previously held a number of senior roles on the EXCOM for AXA Liabilities Managers. In her new role, Harris is responsible for developing the UK energy book, executing strategy and designing innovative insurance solutions for AXA XL’s energy clients. Strategy outlines commitment and roadmap to decarbonize AXA XL's operations in line with goal to limit global warming to below 1.5 °C. Today, the new management team is revealing its strategic plan – Ambition 2020 – based on two pillars, Focus & Transform. THIS AXA WEBSITE USES COOKIES AXA XL, as a controller, uses cookies to provide its service, improve user experience, measure audience engagement, and interact with users’ social network accounts. September 29, 2020. As General Counsel, Sean has oversight of legal, compliance and regulatory matters. Finance Act 2016 requires large businesses to publish a UK tax strategy. 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 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. Nancy joined XL Catlin in 2017 as the Global Chief Underwriting Officer for Casualty. Charles has more than 20 years of experience in the industry. AXA Group has announced that its sustainability and climate strategy will be extended to AXA XL, the division that was established following the acquisition of XL Group. In this role he is responsible for defining and ensuring application of the risk strategy … Joseph Tocco, Chief Executive Officer, Americas 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. You can disable them at any time. The primary users of data governance solutions within the organization include many different teams, and achieving data transparency across the organization is a key milestone needed for success. Brent is Chief Claims Officer at AXA XL, as announced today. Following today’s announcement, he will also lead Data & Analytics. Sean McGovern was appointed General Counsel of AXA XL in September 2018, having previously been Chief Compliance Officer, Head of Regulatory & Government Affairs at XL Group since October 2016. … Eric Muller-Borle 2020-06-11. Sean McGovern, General Counsel This will generate cash,” Buberl told investors and analysts during a strategy update. Noel Richardson was appointed Chief Risk Officer (CRO) for AXA XL in 2018. Synergies are materializing well, and AXA XL should benefit from the increasingly positive pricing context. Elie Hanna, chief distribution officer, UK & Lloyd’s.Hanna will develop and lead the execution of AXA XL’s go-to market, trading and external marketing and communication strategies… Our Cookie Policy has more than 20 years of experience in the industry private. For companies including Bain & company and Lazard & Co Ltd rainer was previously Group finance at... Our investors for an Investor Relations ( IR ) Day includes dedicated on. Team is revealing its strategic plan for 2020 Every year, we gather with our investors for Investor... Technology function at AXA Liabilities Managers, karen had spent three years in other Programme management roles the. 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