AXA XL strengthens commitment to middle market with new hire

AXA XL, AXA’s property & casualty (P&C) and specialty risk division, has announced the appointment of Matthew Teehan as Senior Underwriter – Multinational for Middle Market, Americas.

Based in New York, Teehan will spearhead the launch of AXA’s first dedicated multinational middle market property and casualty insurance product, a move that aligns with the company’s strategic expansion into the middle market arena.

In his new role, Teehan will report to Christopher Kelly, the Underwriting Manager for U.S. Middle Market.

Prior to joining AXA XL, the executive served as Senior P&C Underwriter at Zurich North America, where he focused on the New York Metro region.

Before Zurich, Teehan spent almost a decade as an International P&C Broker at Marsh, where he handled global programs for mid- and large-sized clients.

Commenting on the appointment, Adele Smith, Chief Underwriting Officer, Middle Market, Americas, said: “Matt’s robust experience on both the brokerage side and the underwriting side for large complex and middle market multinational programs will help us to strengthen our client-focused approach.”

Smith also noted the increasing global nature of upper middle market businesses due to international expansion and reliance on worldwide supply chains.

She added: “AXA XL is already a major provider of insurance solutions for complex multinational programs, and adding Matt to our team further extends this capability to our Middle Market clients.”

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