Bermudian-based Axa XL has reorganised its insurance underwriting operations in the Americas, aligning under three business segments – large commercial, mid-market and professional.

Lucy Pilko, Americas CEO, said: "After taking a close look at our structure, we're making changes to our regional model to optimise how we work and how our brokers and clients work with us.

“We're organising ourselves with the client in mind, giving our brokers and clients an easy access point to all product lines."

To serve the multi-line insurance needs of Axa XL's largest clients in the United States, Bermuda, and Canada, the company said, the Americas' Large Commercial business segment brings together casualty, property, cyber, construction and energy, and specialty product lines, including aviation and marine, along with Wholesale Solutions, inclusive of E&S and programmes.

The new business segment is led by Donna Nadeau as head of Large Commercial.

Ms Pilko said: "Our mid-market underwriting operation, led by Matthew Waters as head of Mid-Market, successfully launched last year.

“This business is dedicated to meeting the property & casualty insurance needs of businesses with less than $1 billion in revenue.

“Now, in this realignment, we're bringing together more product lines for our mid-size clients and extending our offering to mid-size businesses in Canada.

"We're pleased to add environmental, inland marine, and excess & lead umbrella for mid-size clients, along with mid-size construction capabilities together under this segment."

Axa XL said its Professional business segment will continue to address clients' director & officer, merger & acquisition, crime and kidnap, ransom & extortion insurance needs.