AXA XL welcomes new head of commercial bonds

AXA XL welcomes new head of commercial bonds | Insurance Business Asia

AXA XL welcomes new head of commercial bonds

AXA XL has announced the appointment of Pat Dougherty as global head of commercial bonds. In his new role, Dougherty will set the strategic direction for the commercial bonds team, manage the profitable growth of the portfolio and collaborate with AXA XL’s client management team, zonal product leaders and the Americas Specialty team.

Dougherty succeeds Maria Duhart, who now serves as AXA XL chief underwriting officer for specialty niche, Americas.

“Pat’s extensive experience in commercial bonds underwriting alongside his dedication as a manager make him a fantastic addition to the Americas specialty niche leadership group,” Duhart said. “He has been a strong contributor to the profitable growth of our book of business and will continue to advance our client and broker relationships while mentoring our growing team of underwriters.”

Prior to joining AXA XL, Dougherty oversaw the field underwriting and marketing for Nationwide Commercial Surety’s Mid-Atlantic and Northeast regions. He began his career at Liberty Mutual as a senior underwriter for the Philadelphia, Pittsburgh and Mid-Atlantic regions.