AXA XL has appointed David Watson as Senior Underwriter, Political Threat, Credit score & Bond (PRCB), UK & Lloyd’s market.
As a senior underwriter, Watson will probably be answerable for contributing to the strategic and worthwhile development of AXA XL’s UK PRCB enterprise portfolio, in keeping with an organization assertion. It is going to additionally assist set up and develop relationships with the principle brokers and shoppers available in the market.
Watson joined AXA XL from AXIS, the place he started his insurance coverage profession inside the Terrorism and Political Violence staff in 2013. He was then promoted to Senior Underwriter and joined the Capital Dangers Options staff at ” AXIS in 2017, the place he specialised in challenge finance and safe plane financing. .
“As exporters and lenders modify to the impression of the COVID-19 pandemic, we’re seeing elevated demand to assist them handle their publicity to political and financial instability. For our shoppers, having the best insurance coverage accomplice is necessary to assist handle these dangers. I’m subsequently delighted that David is taking up the function of senior underwriter inside the PRCB staff at AXA XL, ”stated Ian Nunn, Head of PRCB, UK & Lloyd’s Market at AXA XL.
Nunn added that Watson’s data and expertise will probably be a “nice asset” in serving to AXA XL implement its payer-to-partner technique, as the corporate continues to develop its PRCB portfolio within the UK.