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5 October 2021Insurance

AXA XL appoints new head of commercial E&O Americas

AXA XL Insurance has appointed a new head of commercial errors and omissions (E&O) insurance for the Americas region.

Based in San Francisco and Monterey, California, Michael Takigawa will oversee the underwriting strategy and product innovation for AXA XL’s commercial E&O business in the region, which includes lawyers, accountants and miscellaneous professional liability.

Takigawa joined AXA XL in 2003 and most recently served as the head of strategic planning and West regional leader for design professional. He began his insurance career in 1996 at Royal Sun & Alliance as a vice president, operations executive.

“Mike brings a wealth of experience in the Commercial E&O space and is known for his strategic planning and business development skills,” said David Grigg, chief underwriting officer for professional lines & cyber. “As the E&O Professional Liability market continues to expand, Mike’s new role is critical in providing us with a wholistic view of our footprint and performance in this sector.”

Grigg added: “As a leader of the Design Professional team for the Western Region at AXA XL, Mike has managed complex teams of underwriters and financial analysts to increase profitability of various lines within our portfolio while maintaining a relentless focus on our clients and brokers to best serve their evolving needs.”

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28 September 2021   The appointee will develop the regional underwriting strategy and product innovation in the region.
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21 October 2021   The re/insurer has also launched a cyber incident response team in the Americas.
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25 October 2021   The executive joins as senior underwriter for war, terrorism and political violence book of business.