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8 November 2023 Insurance

AXA XL appoints new CUO for Asia Pacific and Europe

AXA XL Insurance has appointed a new chief underwriting officer for Asia Pacific and Europe.

Adias Gerbaud has been appointed CUO for APAC & Europe and XL Insurance Company SE (XLICSE), subject to regulatory approvals.

Gerbaud will be responsible for developing core underwriting strategies, optimising product offerings, and driving profitability for AXA XL in Europe, Asia, and Australia. She assumes the role from Etienne Champion who is taking on a new position at AXA Group as P&C commercial lines group chief underwriting officer.

Gerbaud joined AXA XL in 2007. She was most recently chief operating officer for APAC & Europe and XLICSE. Prior to that, she spent 12 years as an environmental liability underwriter in a number of senior, regional and international roles, including as underwriting manager, environmental, for Southern Europe & Latin America, and later as head of international environmental.

Xavier Veyry, chief executive officer, APAC & Europe at AXA XL, commented: “I’m delighted that Adias is taking on the role of Chief Underwriting Officer for APAC & Europe. As a senior insurance leader who spent most of her 16-year tenure at AXA XL in underwriting, she is ideally positioned to lead our Business Unit’s underwriting community at a time when we are looking to grow.”

He added: “I am especially pleased that we have been able to fill this position internally. This is a testament to the talent we have within AXA XL and the opportunities available for advancement across the Division and, more widely, across AXA.”

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