"In this new regional structure, we're looking to simplify our operations, empower our teams in their decision-making and optimally deliver the insurance and risk management products and services our clients & brokers need. I couldn't have picked a more skilled team to make this shift," Tocco said in a statement. (Photographer: Christophe Morin/Bloomberg)

AXA XL announced its new Americas leadership team as part of the proposed changes to its insurance operating model announced in April.

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