Connect with us

Finances

AXA XL Promotes Cole to World Chief Underwriting Officer for Marine; DUAL’s Specialist Motor MGA KGM Names Astin as Managing Director

Published

on

This version of Worldwide Individuals Strikes particulars appointments at AXA XL and DUAL’s specialist motor MGA KGM.

Advertisement

A abstract of those new hires follows right here.

AXA XL Promotes Cole to World Chief Underwriting Officer for Marine

Advertisement

AXA XL has promoted Neil Cole to world chief underwriting officer, Marine, efficient April 1.

Neil Cole

In his new function, Cole will work to set the strategic path and assist the event of AXA XL’s Marine portfolios. Cole will sit inside AXA XL’s World chief underwriting workplace, which works with AXA XL’s regional underwriting groups to assist worthwhile development, aiding with pricing, threat aggregation and world product technique.

Based mostly in London, Cole will report back to Anne Marie Elder, world chief underwriting officer, Specialty.

Advertisement

Cole has 25 years of expertise within the marine trade, 10 of which at AXA XL. He began his profession in claims earlier than shifting into underwriting and specialising in worldwide marine markets. Since 2020, Cole has been world head of Underwriting Administration and deputy chief underwriting officer, Marine.

“The marine transportation trade is present process important change. Our shoppers are utilizing more and more massive vessels whereas exploring greener gas as a part of their decarbonization efforts,” commented Elder. “They’re additionally making headways in using new applied sciences, together with synthetic intelligence. Consequently, our marine shoppers are going through new dangers and are turning to us to assist them higher perceive and handle these.”

Advertisement

With a profession spanning greater than twenty years and a deep information of the trade, “Neil is a perfect candidate to assist our regional underwriting groups and drive the worthwhile growth of our marine portfolio,” Elder added.

***

DUAL’s Specialist Motor MGA KGM Names Astin as Managing Director

Advertisement

KGM, DUAL UK’s specialist motor managing basic agent, introduced the appointment of Ciaran Astin as managing director, topic to regulatory approval.

This key appointment displays KGM’s technique to draw trade main expertise to appreciate its development ambitions within the extremely aggressive motor insurance coverage sector.

Advertisement

Astin brings over a decade of management and enterprise growth expertise throughout the motor insurance coverage sector, having beforehand held senior roles at Hastings Group and Direct Line Group. He was most just lately managing director of DriveScore, the app-driven motor insurance coverage knowledge enterprise inside ClearScore group.

“We’re delighted to welcome Ciaran on board as managing director of KGM. KGM is a recognised chief in specialist motor insurance coverage with a historical past going again over 65 years,” commented Simon McGinn, CEO, DUAL UK.

Advertisement

“Ciaran joins a enterprise already delivering above sector development, and I’m assured his management will see this success proceed. Ciaran’s profession has included a powerful deal with tech, knowledge and AI that are very naturally key areas of focus for KGM, and looking out forward, we’ll be additional investing individuals and know-how to assist our development,” McGinn mentioned.

Based in 1957, KGM writes throughout all courses of motor insurance coverage and its motor portfolio is supported by Zurich. KGM additionally underwrites on behalf of Canopius (property/leisure) and Trinity Lane (ancillary merchandise). KGM has been a part of DUAL UK since 2021.

Advertisement

DUAL, the specialist underwriting arm of Howden Group, is likely one of the world’s largest worldwide underwriting companies with $3.5 billion of GWP. Established in 1998, right now DUAL has over 1,500 individuals in 21 nations throughout the Americas, Europe and Asia Pacific, and is considered one of Lloyd’s’ largest worldwide coverholders.

Matters
Talent
Underwriting
Insurance Wholesale
AXA XL

Advertisement

Inquisitive about Hr?

Get automated alerts for this subject.

Advertisement
Advertisement
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *