Axa XL has appointed Bermudian Michelle Bailey to the new role of head of Professional, Bermuda.

Ms Bailey, who reports to Noel Pearman, chief underwriting officer, Bermuda of Axa XL’s Insurance business, has more than 20 years of industry experience.

In the new role, she is responsible for leading the Bermuda Professional Lines underwriting team, including directors and officers, employment practices liability, wage and hour, errors and omissions, and cyber lines of business.

The company said her responsibilities also include developing and effectively managing client relationships across all lines and overseeing the execution of strategy to drive profitable growth.

Ms Bailey was previously senior vice-president, product line leader for both the employment practices liability and wage and hour coverage lines.

Mr Pearman said: “We are pleased and proud to have Michelle step into this new role.

“She is well respected within the Bermuda market and beyond for her extensive expertise in underwriting, focusing on a diverse portfolio primarily for Fortune 500 clients.

"Michelle and her team play an instrumental role in Axa XL’s commitment to address the existing and future risk management needs of our large commercial clients.”

Ms Bailey holds a dual BA degree in risk management and finance from Temple University and has earned her RPLU and AIDA designations.

Axa XL said she is a recognised thought leader in her field, frequently speaking at international industry events, including the recent PLUS NY conference.

Ms Bailey is a board member of the Bermuda Foundation for Insurance Studies.