“In the US, we’re taking a targeted approach to rolling out our mid-market capabilities,” Waters said. “By focusing on a specific market segment, we can carefully scale our underwriting capabilities and operations and expand into other business segments as we grow.”
Liantonio joined AXA XL from CNA, where he served as head of commercial private equity underwriting for the East region. Prior to CNA, he held positions at Traveleralso focuses on private equity as well as mergers and acquisitions, and Zurich North America. Liantonio began his underwriting career with the Greater New York Insurance Companies.
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“Meeting the insurance needs of private equity portfolio companies gives us a unique opportunity to address diverse risks while addressing the need for efficiency and responsiveness,” said Waters. “We are very fortunate to have John to facilitate the launch of this business and build his team.”
The US mid-market team is expected to officially launch its underwriting operations in July. At launch, the group will offer workers’ compensation, commercial auto, general liability, property, and umbrella coverage.
Last month, AXA XL expanded its fine art team to some important appointments. In January, the company added six new hires at AXA XL Risk Consulting.
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