Axa XL
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Mark Campbell and David Walker will be wholesale A&H underwriting manager and class underwriter, respectively.
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Great American replaces Axa-XL as a paper provider for the AJ Gallagher-owned marine managing general agent.
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Peter Welton becomes UK energy head to replace Luis Prato, who was promoted to CUO of Axa XL UK legal entities.
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Size of payout will depend on whether CBI sub-limit of $100mn holds, with insured seeking $450mn.
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Tokio Marine is likely to retain a significant portion of Pure’s $666mn of 2018 ceded premium net.
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The hire helps to replenish a team depleted by appointments at Convex.
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Matt Lucas joins as managing director of business development, while Dvorit Mausner will be director of execution.
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Michelle Jensen and Pietro Tarone will take up the respective roles of senior underwriter and underwriter.
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Saverio Longo will take on the role from Simona Fumagalli following her move to a European financial lines leadership role.
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The deal is Axa Liabilities Managers’ 20th run-off purchase.
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The appointments come after the company named a new head of UK coverholder management.
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The executive becomes a permanent replacement for Paul Greensmith, who took the CEO role at the UK businesses last year.
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