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AXA XL promotes new head of underwriting management for UK, Lloyd's

AXA XL promotes new head of underwriting management for UK, Lloyd's | Insurance Business UK

AXA XL promotes new head of underwriting management for UK, Lloyd's

AXA XL has promoted Olivia Shing to the position of head of underwriting management, UK & Lloyd’s.

Shing will be responsible for supporting AXA XL’s chief underwriting officer for UK & Lloyd’s – Luis Prato – in executing regional underwriting strategies, while ensuring the company’s profitability, a release said. As part of her role, she will lead a team of business managers that are each linked to UK underwriting units, as well as overseeing the company’s delegated underwriting governance team and the UK & Lloyd’s governance & controls manager.

With over 18 years of client servicing, distribution, and operational experience in the UK and Asia, Shing transfers to London from her previous location in Singapore, where she most recently served as senior operations lead for AXA XL’s Asia region. She began her insurance career with NFU Mutual in 2002, and went on to hold positions at other insurance companies such as Willis and Marsh. She later joined XL (prior to its acquisition by AXA) in 2014 and has since served in various roles.

“As we progress on our journey to deliver sustainable profit in the UK, it’s critical that we continue to implement consistent underwriting standards, practices and procedures as well as robust governance controls,” said Luis Prato.

“Olivia’s extensive industry experience, along with her seven years of working for AXA XL and its previous iterations, will be of great benefit to the UK & Lloyd’s business unit as we continue to deliver on our plan. I’m delighted to welcome Olivia to the team.”