AXA XL hires Allianz talent to boost APAC & Europe underwriting function

AXA XL Insurance has appointed a new chief underwriting officer (CUO) for casualty in Asia-Pacific (APAC) and Europe. She joins the firm from specialist corporate insurer  Allianz.

Marine Ress will assume the role as of October 1, and be based in Paris.

Ress has more than 20 years’ experience in the insurance sector. She joined Aon in 2001 where she held a number broking and leadership roles, specialising in liability and financial lines insurance. She then joined Allianz Global Corporate & Specialty SE in 2011 where she was first responsible for the French liability team before becoming regional head, liability underwriting for the Mediterranean region and Africa.

In her new role, Ress will oversee the management of AXA XL’s casualty portfolio and, working closely with local underwriting teams, will be responsible for the underwriting strategy for general liability, motor and environmental insurance in Europe and the Asia-Pacific region.

Etienne Champion, chief underwriting officer, APAC & Europe, said: “The casualty insurance market has seen increased frequency and severity of losses in recent years and is undergoing transformation due to the emergence of new risks, notably those associated with new technologies. Our clients and brokers turn to us to help them navigate these developments.”

He added: “I am delighted to have Marine join the APAC & Europe underwriting function. Her extensive experience in liability insurance, both as a broker and an underwriting leader, makes her an ideal candidate to head our Casualty business in Europe and Asia-Pacific.

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