AXA XL, AXA’s property, casualty and professional risks division, has announced the appointment of Michael Reynolds as head of UK and Lloyd’s Marine and global chief underwriting officer in Hull.
Reynolds will be based in London and will begin his new role in the third quarter of 2026.
The executive will draw on more than four decades of underwriting and broking experience in the London market to develop, execute and manage underwriting strategies for UK and Lloyd’s Marine businesses.
He will also be responsible for developing and overseeing AXA XL’s global hull business strategy.
Neil Cole, Global Chief Underwriting Officer of AXA
“However, this is not without challenging dynamics, from larger ship sizes, the transition to net zero and exposure to high-risk areas. Mike’s experience positions him well to ensure our global hull offerings meet our customers’ evolving needs.”
Reynolds joins AXA XL from Lockton where he was a partner, head of London maritime and a member of the Global Maritime Executive. Prior to joining Lockton, he served as deputy director of the Marine Corps at Chubb Corporation.
During his extensive career, he also held roles at ACE, The Navigators Group, Cigna and Commercial Union.
Louise Nevill, chief underwriting officer for AXA XL UK and Lloyd’s Specialty, said: “Michael is an experienced leader with a keen technical mind and strategic and operational skills to ensure thoughtful and profitable growth across our ocean business.
“He has an excellent reputation in the market and we look forward to having him on board and further enhancing the high-quality products and services we offer our clients and brokers.”
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