AXA XL to open underwriting innovation office in Americas

AXA XL is to open an underwriting innovation office in the Americas led by Rose Hall, helping to reduce risk for AXA XL and its clients

AXA XL, the P&C and specialty risk division of European insurance giant AXA, is to open an innovation office in the Americas to drive innovation in support of its business initiatives.

The company has also appointed Rose Hall as its new Head of Innovation for the Americas, marking a broader commitment to drive innovation within the insurance space. Under Hall’s leadership, the new Americas Underwriting Innovation Office will liaise across AXA XL’s business lines and supporting functions in the region, including client distribution, underwriting and risk engineering/consulting.

Hall will ensure that AXA XL’s Americas team is making optimal use of client feedback, strategic partnerships and technologies to help reduce risk for AXA XL and its clients. Hall has been with AXA XL since 2015, most recently as Head of Construction Innovation. Before joining AXA, she spent 10 years in the construction industry.

AXA XL ‘not innovation for innovation’s sake’

AXA XL Americas CEO Joe Tocco says: “Innovating has long been part of every AXA XL colleague’s job description and we’ve seen some incredible creativity across our business lines. With this launch, we’re establishing a dedicated, regional resource to help us make the most of our strategic partnerships, deploy successful innovation across business lines, align with AXA Group’s innovation plans, and more. 

“With her success in developing our construction ecosystem and other innovative initiatives, Rose has the right experience and the high level of energy necessary to take on this new role.” 

AXA XL Chief Underwriting Office for the Americas, Donna Nadeau, adds: “Rose has played a key role in turning a business-led initiative, like our construction ecosystem, into a broad-reaching service enhancement available to our clients. In her new role, she’ll provide leadership and direction in the future development and implementation of ecosystems, technology solutions, and enhanced customer service initiatives.

“We’re not innovating for innovation’s sake. We’re innovating so that we can create new products to address our clients’ unanswered business challenges. We’re innovating to find new ways to help them curb the rising cost of risk.”

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