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The new unit will be led by Libby Benet, currently AXA XL’s global chief underwriting officer.
Benet joined AXA XL in 2020 as Cyber chief underwriting officer and was appointed global chief underwriting officer in 2022.
Prior to joining AXA XL, she managed her own consulting firm and held leadership positions at Beazley, General Insurance and Zurich during her career.
AXA XL said the new business unit will combine advanced data, analytics and technology with its risk engineering and consulting expertise to deliver innovative solutions to help businesses address today’s most pressing risks, including climate, supply chain disruption, cyber threats and operational resilience.
Scott Gunter, CEO of AXA XL, commented: “Prevention must be at the heart of how we support our customers. That’s why we’ve made service a core part of our offering.
“The launch of this business unit marks an important step. By expanding our service capabilities, we are strengthening the way we support our customers and positioning AXA XL for the future.
“Libby’s deep underwriting expertise, global perspective and customer focus give her a clear vision for shaping and scaling this business.”
Benet added: “Our clients are looking for more than just risk transfer, they want partners who can help them predict, prevent and mitigate risk. This business unit allows us to build on what we are already doing well, deepen our engagement with our clients and better integrate prevention and risk insights into the way we serve our clients around the world.”
