AXA XL has appointed Robert Malone as Head of Large Accounts and Portfolio Management for its Americas Cyber Insurance team. Based in New York, Malone will lead the strategy and growth of the company’s large account cyber insurance portfolio, focusing on expanding both new and renewal business. Reporting to Michelle Chia, Chief Underwriting Officer for Cyber, Select, and Design Professional, Malone will also oversee performance metrics and leverage data analytics to enhance portfolio management.
Malone brings extensive experience to AXA XL. Prior to this role, he served as Vice President and Head of Middle Markets for Professional Liability & Cyber at Zurich North America, where he drove growth and strategy execution. His background also includes roles as a cybersecurity strategy consultant at Booz Allen Hamilton and underwriting positions at Zurich, Axis Capital, and Travelers, where he specialized in Cyber Liability and Directors & Officers Liability underwriting.
Commenting on the appointment, Chia highlighted Malone’s expertise, saying, “Rob’s extensive experience in cyber and professional liability underwriting will be instrumental in enhancing our cyber insurance offerings. His leadership will help us meet the growing demand for robust cybersecurity solutions, empowering our clients to strengthen their defenses.”
Malone’s appointment follows AXA XL’s recent expansion of its cyber underwriting teams to include Middle Market and Wholesale segments. This strategic move aligns with evolving client needs and broker distribution models, emphasizing the company’s commitment to providing tailored cyber insurance solutions for businesses of all sizes.
Source: AXA XL adds new Head of Large Accounts and Portfolio Management to Americas’ Cyber Insurance team.
