AXA XL has named Libby Benet to the role of global chief underwriting officer (GCUO), succeeding Nancy Bewlay, who recently assumed leadership of AXA XL’s global reinsurance operation.
According to AXA XL CEO Scott Gunter, “Given the GCUO’s responsibility for underwriting governance, pricing, risk aggregation and global product strategy, this is a big role to fill, and Libby is well prepared for it. Libby has done an impressive job working with our regional underwriting teams to support their disciplined underwriting, improve pricing, and manage our aggregate exposure in support of our profitable growth. Libby’s proven leadership, market insight and portfolio management experience will continue to prove valuable in her new expanded leadership role.”
Benet joined AXA XL in 2020 assuming the new role of CUO for Cyber. When AXA XL implemented its new operating model, she assumed GCUO responsibilities for all financial lines, including cyber.
Prior to AXA XL, Benet managed her own consultancy where she assisted insurance company clients in the development and implementation of new insurance products and consultation on the set up of underwriting and claims systems and feedback on reinsurance purchasing. Her insurance career also includes positions with Beazley, General Reinsurance and Zurich.
Resilience Hires Ho to Lead Cyber Underwriting in Canada
Resilience, which provides cyber insurance and security solutions to mid-market enterprises to help them holistically evaluate, manage, and quantify their cyber risk, continues its global expansion with the addition of Miki Ho as head of underwriting for Canada. Ho will lead the company’s Canadian business growth, reporting to Kevin McGowan, SVP – head of underwriting strategy, North America. The strategic addition reflects the MGA’s continued success with the Insure + Secure model.
“Miki’s extensive commercial insurance and business development experience is well-regarded across the industry and will help us grow our presence in Canada,” said McGowan.
Ho has spent the majority of his career focused on cyber insurance working with broker partners to find creative cyber risk transfer and risk management solutions for clients facing complex risks. He most recently led the business development team in Canada for Coalition but brings experience from a broad industry network.
Topics Underwriting AXA XL
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