AXA XL has announced the addition of three new members to its energy team, further strengthening the company's position in the UK & Lloyd's business unit.
The three new hires include Josephine Stroud as senior underwriter, energy liability, Daniella Simmons as underwriter for downstream, power and renewables, and Lulu Knott as underwriting assistant for energy liability and downstream energy.
Stroud brings a wealth of experience to the team and will utilize her deep knowledge of the energy market to develop and execute the portfolio's underwriting strategy. Her most recent position was as the executive director - head of energy liability at Willis Towers Watson.
Simmons will play a crucial role in supporting clients through the energy transition and will work on both downstream, power, and renewable business. She joins the team from Chubb Global Markets, where she was most recently a downstream energy assistant underwriter.
Knott is new to the energy insurance industry and will support the downstream and liability teams in delivering their ambitions for the business unit.
Nicola Harris, head of energy, UK & Lloyd's, highlighted what the new hires mean for AXA XL's commitment to the energy sector.
She said, "Energy remains a strategic part of AXA XL's portfolio, and as a long-established leader and trusted partner in this market, we're committed to supporting our clients as they navigate the challenges of the energy transition."
Harris also noted the importance of having a team that reflects the diversity of the industry.
"Further, I'm delighted to welcome three new women to our team, which echoes our commitment to increasing representation of women across the business. These new hires allow us to continue to offer an exceptional service, coupled with market-leading expertise, as we help our clients to explore solutions for current and future risks," she said.
The addition of these three new hires is expected to further strengthen AXA XL's position in the energy sector and reinforce its commitment to providing its clients with innovative solutions to address evolving risks.
