Bermudian-based Axa XL has appointed Tim Whisler to lead its wholesale business in the Americas.

Reporting to Lucy Pilko, chief executive, Americas, Mr Whisler will be responsible for developing and executing the company’s strategy for the programmes and excess & surplus segments and leading the wholesale underwriting unit.

Ms Pilko said: “The excess & surplus market has experienced substantial growth and is forecast to exceed $110 billion in premium by the end of 2024. This growth has significantly outpaced that of the broader market over the past few years.

“Tim’s appointment underscores our dedication to investing in this market, fostering broader distribution partnerships, and driving innovation in underwriting, products, and technology to achieve ‘best in class’ status.”

Mr Whisler previously spent two decades working at Lexington Insurance Company, where he most recently held the position of head of their subsidiary, Western World Insurance Company.