AXA XL, the property, casualty and special risks division of global insurance company AXA, has appointed Laurent Richème to succeed Juergen Cherreck as global chief underwriting officer (CUO) of the property division.
Cherreck, who has been with the company in his current role since October 2020, will retire in July after 21 years with AXA XL. His successor Richème has been with the AXA Group since 2008 and brings more than 25 years of experience in the insurance and risk engineering industries to his new position.
As global real estate chief operating officer, Richème will lead underwriting strategy for the company’s real estate, construction and energy businesses, working closely with regional teams.
Richème joined AXA Corporate Solutions in 2008 as Senior Property Underwriter and was promoted to Property Technical Manager the following year, a position he held for three years. In 2012, he was appointed Head of Property Underwriting for France and Belgium and took over as CUO for France in 2017, before joining AXA XL in 2019 as Head of International Property. In 2021, Richème was named CUO (Real Estate, Energy & Construction Asia Pacific and Europe) by AXA XL.
Libby Benet, Global Chief Underwriting Officer at AXA
“Laurent’s deep technical expertise, market knowledge and collaborative approach make him ideally suited to support our clients and drive continued growth across our real estate, construction and energy businesses.”
