AXA announced the appointment of Scott Gunter as CEO of AXA XL. He will replace Greg Hendrick, who has decided to pursue other opportunities outside the Group.

Gunter will join AXA's Management Committee, reporting to Thomas Buberl, CEO of AXA. The changes will be effective immediately, subject to any required regulatory approval.

Thomas Buberl, Chief Executive Officer of AXA, said:

"I would like to warmly thank Greg for his leadership in managing the integration of XL over the past two years and building the new AXA XL division, which is today a solid and well positioned franchise. (...) I am very happy that Scott is joining AXA. (...) I am convinced that his deep experience and leadership skills coupled with the highly professional and engaged teams of AXA XL, will be a winning combination to drive the next phase of AXA XL's development."

Previously, Gunter held the role of Senior Vice President of Chubb Group and President of Chubb's North America Commercial Insurance division. He also held several global positions within Chubb, including Chief Underwriting Officer, having more than 30 years of experience in the industry.

Scott Gunter commented on his appointment:

"I am very happy to join the AXA Group and look forward to working with AXA XL's teams to accelerate its development. Together, we will leverage our unique position in the market and our recognized expertise to make AXA XL the best global commercial lines insurance partner for its clients."

Source: axa.com