AXA XL, the property and casualty and specialty risk division of AXA, has named Robert Klepper as chief underwriting officer (“CUO”) for short tail insurance lines.
Mr. Klepper reports to Jason Harris, the chief executive for global property and casualty insurance at the company.
Commenting on the appointment, Mr. Harris said, “We're pleased to welcome Bob and his 30 years of underwriting and management experience to our P&C underwriting operations. Given his impressive underwriting track record and his reputation for developing strong working relationships with reinsurers, brokers, and clients, Bob is well suited for this new role. Plus, Bob is no stranger to us. He's spent more than a third of his career at XL where he developed and implemented a global strategy and underwriting practices that helped build a sizeable property portfolio. I'm confident his broad and global experience will be a great asset in helping us achieve our goals for our global P&C insurance lines.”
In his new role, Mr. Klepper will be responsible for developing core underwriting strategies and optimizing product profitability for short tail insurance lines, including property, construction, and energy, globally. He will work with AXA XL's business line leaders around the globe to develop strategies to achieve their financial objectives and leverage data and analytics to drive underwriting excellence and profitability, AXA XL said.
Mr. Klepper joined AXA XL from AIG, where he most recently served as president of client risk solutions. A 30-year insurance industry veteran, Mr. Klepper's career includes a number of global management positions in the United States, Bermuda, the United Kingdom, and Asia-Pacific, including his tenure with AXA XL, where he spent more than a decade, serving as global product line manager for AXA XL's property, energy, construction, fine art and specie insurance lines, and risk engineering.
Learn more: www.axaxl.com.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].