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27 August 2021Insurance

AXA XL bolsters US marine insurance business

Re/insurer  AXA XL has bolstered its marine risk control expertise in the US with a senior addition to the team.

Senior risk consultant Jarek Klimczak (pictured) will move to AXA XL’s New York City office from Singapore, effective September 1.

Klimczak has supported the growth of AXA XL’s cargo and Bluewater hull books in Asia and Australia. He has more than 32 years of maritime, logistics, insurance, and risk management experience within the shipping and logistics industry with a focus on loading security, heavy-lift operations, and towage as well as deep skills in cargo security and risk management.

Before joining the insurance industry, Klimczak served as a port captain in Singapore, a cargo superintendent in Germany, among other maritime industry roles.

AXA XL’s global marine business provides insurance for clients with special coverage needs for their marine exposures, including inland marine, ocean cargo, Blue and Brown Water Hull, P&I, as well as excess and primary marine liabilities. Risks are written on both a primary and an excess of loss basis.

Anne Marie Elder, global chief underwriting officer for AXA XL’s marine insurance business, said: “Our risk consultants play a vital role in helping clients mitigate business risks while at the same time supporting our underwriters’ risk selection and assessment. Thanks to his broad skillset, Jarek will provide valuable loss prevention guidance for our customers and our marine business lines including ocean cargo, blue and brown water hull, marine liabilities, and aligned inland marine products.”

Elder added: “Jarek will help us build and leverage internal and external resources to address our customers’ loss prevention needs and support of our underwriters risk selection and underwriting decisions across the US.”

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