“In the US, we are taking a focused approach to rolling out our midmarket capabilities,” said Waters. “By focusing on a specific market segment, we can carefully expand our underwriting capabilities and operations and expand to other business segments as we grow.”
Liantonio joins AXA XL from CNA where he was Head of Commercial Private Equity Underwriting for the East region. Prior to CNA, he held positions at Travelers, also with a focus on private equity and mergers and acquisitions, and Zurich North America. Liantonio started his underwriting career at Greater New York Insurance Companies.
Continue reading: AXA XL on supporting the insurance sector through a transition period
“Accommodating the insurance needs of private equity portfolio companies gives us an exceptional opportunity to address diverse risks while meeting demands for efficiency and responsiveness,” said Waters. “We are extremely fortunate to bring John to facilitate the start of this company and build his team.”
The US mid-market team is expected to officially begin underwriting activities in July. At launch, the team will offer workers’ compensation, commercial auto, general liability, property and roofing coverage.
Last month, AXA XL expanded its fine art team with several important appointments. In January, the company AXA XL Risk Consulting hired six new employees.
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