Up to date: Jun 06, 2024 08:32 PM
Noel Pearman, chief underwriting officer, Bermuda, Axa XL ({Photograph} equipped)
Axa XL has appointed Noel Pearman to the brand new function of chief underwriting officer, Bermuda.
The corporate stated the appointment was a part of its recently-announced insurance coverage underwriting operations reorganisation within the Americas.
Mr Pearman, who experiences to Donna Nadeau, Axa XL’s Insurance coverage head of huge industrial, Americas, is chargeable for main the Bermuda insurance coverage enterprise, creating and executing the underwriting and distribution technique, whereas collaborating with the opposite Americas underwriting enterprise leaders.
Mr Pearman was beforehand SVP, Cyber Product Line chief at Axa XL the place, the corporate stated, he constructed the premier Bermuda market cyber legal responsibility enterprise, oversaw cyber publicity throughout all product strains (together with property and casualty), and was a frequent worldwide convention speaker and organiser.
Donna Nadeau, Axa XL’s Insurance coverage head of Giant Industrial, Americas ({Photograph} equipped)
Ms Nadeau stated: “We’re thrilled that Noel has taken on this vital place. His underwriting expertise, revered repute and profitable observe document as an trade thought chief, notably within the cyber house, makes him the proper individual for this new function.
“Our massive industrial shoppers face a myriad of complicated, evolving dangers which require customised, modern options.
“With Noel on the helm of our insurance coverage enterprise in Bermuda, there isn’t any doubt that we’ll strengthen connections with our buying and selling companions and supply options to assist our shoppers construct extra sustainable, thriving companies.”
The corporate recognised and thanked Patrick Tannock, Axa XL Bermuda chief govt, upon his retirement this week.
“Beneath Patrick’s management, our Bermuda Insurance coverage enterprise has solidified its place as an anchor market to which Axa XL is dedicated,” stated Lucy Pilko, Axa XL chief govt, Americas.
“We’re appreciative of Patrick’s important contributions to Axa XL’s success within the Americas area and the broader worldwide enterprise neighborhood.”
Patrick Tannock, Axa XL Bermuda chief govt (File {photograph})