Axa XL
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Yosha DeLong will be cyber underwriting head, whilst James Tuplin will be international head of cyber underwriting. -
The broker said that the carrier’s decision had forced some clients to rebuild policies from scratch.
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The firm’s mean pay differential also shrank 10 points to 29.6%.
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Robertson will join as deputy group CEO before taking the CEO job, with Michael Watson staying on as chairman.
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Michael Yeats will oversee the carrier’s reinsurance offices in Bogota, Buenos Aires, Miami and Sao Paulo.
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He reports to the carrier’s global chief underwriting officer for financial lines, Libby Benet.
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Ashok Krishnan moves into the London-based role from Axa Hong Kong.
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It is understood the book will be reinsured to close into Compre’s new legacy syndicate once the launch is approved.
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Scully fills a gap left by the departure of Steve Hartwig to Ark last year.
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The carrier’s former energy, property and construction claims lead exits for consultancy position.
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The management liability market underwent huge hardening last year as major carriers withdrew.
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The deal, pitched at a multiple of 12.2x 2019 earnings, follows disposal agreements for Axa in the Gulf, central and eastern Europe and India.
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