AXA XL appoints new head for key business

AXA XL appoints new head for key business | Insurance Business

AXA XL appoints new head for key business

The political risk, credit and bond segment of AXA XL now has a new head for the UK and Lloyd’s market.

The role is now occupied by Ian Nunn, who will take responsibility for developing and executing strategy, while also looking to optimise the company’s product offering and its profitability in the segment. He is set to head up a team of underwriters in London.

“I’m excited that Ian will be taking on this role, and I look forward to his valuable insight as a member of my leadership team,” said global chief underwriting officer for political risk, credit and bond Dan Riordan. “Having the right team in place is an integral part of our commitment to support our clients as they manage the risks they face today and in the future.”

According to CUO specialty, UK & Lloyd’s market, Andrew Underwood, Nunn has a “fantastic reputation in the market.” He joined XL Group back in 2011 in the role of assistant underwriter, political risk and trade credit, having made the leap from QBE. He has subsequently held a host of senior underwriting roles.

“As a major player in the political risk, credit and bond space, I’m particularly pleased to see our homegrown talent develop and excel, just as Ian has done,” Underwood added.