Axa XL Insurance has promoted Michael Perrotti to the role of chief underwriting officer for its marine insurance business in the Americas.

Previously inland marine practice leader for marine in North America, Mr Perrotti assumes the CUO role from Anne Marie Elder, who will now focus on her role as global chief underwriting officer for Axa XL's marine business worldwide.

Reporting to Donna Nadeau, Axa XL's chief underwriting officer for the Americas, in his new role, Mr Perrotti oversees all underwriting activities and portfolio management throughout the US, Canada and Bermuda for Axa XL's marine insurance products including inland marine, ocean cargo, blue and brown water hull, P&I, as well as excess and primary marine liabilities.