In a strategic move to fortify its position in the ever-evolving landscape of cyber insurance, AXA XL has appointed Michelle Chia as the Chief Underwriting Officer for Cyber in the Americas. The announcement highlights AXA XL’s commitment to innovation and growth in the face of an escalating need for cyber defenses and insurance.
Ms. Chia brings over 15 years of experience. She will assume her role on February 12 and report directly to Donna Nadeau, Americas Chief Underwriting Officer. Speaking about the appointment, Nadeau emphasized the critical need for evolution in the cyber insurance market. She stated, “Cyber threats are continuously evolving, and as a leading cyber insurance market, we need to evolve too.”
Underlining the significance of Chia’s expertise, Nadeau expressed excitement about the contribution. Ms. Chia is expected to contribute to the growth of their cyber business and the development of cutting-edge cyber risk management solutions. Jeremy Gittler, Head of Cyber & Technology in the Americas, will lead the cyber team.
Cyber Business Growth
Chia’s responsibilities will encompass overseeing cyber business growth, managing risk aggregation, and expanding product and service offerings. She will collaborate with cyber experts across AXA entities, including AXA’s Global Cyber Chief Underwriting Officer, Anthony Dagostino. Notably, AXA XL’s cyber insurance business has seen continuous growth under Gittler’s leadership. This reflects the market’s demand for robust cyber resilience solutions.
Michelle Chia joins AXA XL from Zurich North America, where she served as the Head of Professional Liability and Cyber. Her experience in managing national portfolios and her frequent contributions to industry discussions make her a valuable addition.
As AXA XL prepares for the ongoing expansion of its products and services, Chia’s appointment signifies a strategic move to navigate the complexities of cyber defense and risk while safeguarding the assets and interests of both AXA XL and its clients.
Source: AXA XL adds Michelle Chia as Cyber Chief Underwriting Officer in the Americas.