Libby Benet succeeds Nancy Bewlay, who recently assumed leadership of AXA XL’s global reinsurance operation

AXA XL has named Libby Benet to the role of Global Chief Underwriting Officer (GCUO), succeeding Nancy Bewlay, who recently assumed leadership of AXA XL’s global reinsurance operation.  

According to AXA XL CEO Scott Gunter, “Given the GCUO’s responsibility for underwriting governance, pricing, risk aggregation and global product strategy, this is a big role to fill, and Libby is well prepared for it.”

Benet joined AXA XL in 2020 assuming the new role of Chief Underwriting Officer for Cyber, tasked with closely monitoring the cyber risk portfolio and exposure from an aggregated global product view.

When AXA XL implemented its new operating model, she expanded her role, assuming Global Chief Underwriting Officer responsibilities for all financial lines, including cyber.  

Prior to her tenure at AXA XL, Benet managed her own consultancy where she assisted insurance company clients in the development and implementation of new insurance products and consultation on the set up of underwriting and claims systems and feedback on reinsurance purchasing.

Her insurance career also includes positions with Beazley, General Reinsurance and Zurich. 

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