AXA XL appoints Rees as Chief Underwriting Officer for North America

AXA XL, the property and casualty (P&C) and specialty risk division of global insurer AXA, has announced the appointment of Simon Rees as Chief Underwriting Officer, North America Programs.

In her new role, effective April 1, Rees will be reporting to Tim Whisler, Wholesale Solutions, Americas.

Rees has over two decades of experience in the insurance industry, and has successfully led global teams to deliver impressive financial results.

He currently serves as the Chief Reserving Actuary for the Americas, having joined AXA XL in 2017 in London serving as Head of Reinsurance Reserving for its International and London region.

In 2021, he relocated to New York to assume the role of Deputy Chief Actuary in the Americas, before his promotion as Chief Actuary in 2022.

Commenting on Rees’ promotion, Whisler said: “Simon’s extensive experience and skillset will further enhance our capabilities in the specialty program market. His expertise will be instrumental in strengthening our existing partnerships and evaluating and onboarding new programs as we focus on growth in this important segment of our business.”

He continued: “Programs are a vital segment of our industry and help businesses solve for unique challenges through customized solutions delivered by program administrators. We are grateful for our long-term partnerships with program administrators and their specialized underwriting expertise across many different industries.

“These partnerships have given our program administrators and clients access to AXA XL’s global resources, capacity and decades of insurance program experience, allowing us to grow together. Under Simon’s leadership, we look forward to continued collaboration and growth in the specialty programs market.”

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