AXA XL bolsters APAC and Europe business with appointment

Captives and alternative risk transfer expert has been in the industry for 30 years

AXA XL bolsters APAC and Europe business with appointment

Insurance News

By Gabriel Olano

AXA XL Insurance has appointed Marine Charbonnier (pictured above) as head of captives and facultative underwriting, APAC and Europe.

Charbonnier will lead AXA XL’s captive business for the Asia-Pacific and Europe business unit. She will work closely with the company’s underwriting teams to support existing and new captive programmes for clients in Europe, Asia and Australia. She will also be responsible for implementing AXA XL’s outwards facultative underwriting strategy for the two regions, supporting local underwriters.

“Interest in captives has risen sharply over the last three years, with our clients either owning, growing or looking to open a captive,” said Etienne Champion, chief underwriting officer, APAC & Europe at AXA XL. “They are a strategic risk management tool for our clients and an area of growth for our business.

“Marine is a seasoned insurance professional with extensive knowledge in captive management. She is recognised for her expertise in Europe and beyond and expanding her role to APAC means our Asia and Australia clients will benefit from additional resources and capabilities for managing their complex risks.”

Charbonnier was previously global programmes and captives regional director for Europe at AXA XL. She joined AXA in 2013 as head of risk financing solutions and was promoted to head of integrated solutions for alternative risk transfer in 2018. Prior to working for AXA, Charbonnier spent over 20 years at Gras Savoye, where she held various strategic roles in captives and alternative risk transfer.

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