AXA XL hires new energy underwriters in Canada

Re/insurer  AXA XL has tapped new energy underwriters for its business in Canada from Royal & Sun Alliance and FM Global.

Kate Zhou joins as senior underwriter, and Ian Lui (pictured) as underwriter. Based in Toronto, both executives will report to Jennifer Arezes, head of property, construction and energy, Canada.

Zhou has 25 years' experience underwriting complex energy risks across multiple sectors and regions throughout continental Canada. She joins AXA XL from Royal & Sun Alliance Insurance Company of Canada where she served as technical account manager for global specialty lines. Prior to that, she was the lead underwriter for AIG's energy and engineering risk for over 12 years.

Lui joins from FM Global where he held various risk and account management roles between 2012 and 2022.

In Canada, AXA XL provides energy companies with specialised property insurance solutions for their oil rig, oil & petrochemical, chemical, and power generation insurance needs. AXA XL rounds out its risk management approach with specialised risk engineering for energy companies and specialised claims handling capabilities to minimize risk and loss of property assets.

Arezes said: "Kate is one of the top energy underwriters in the country and her experience will not only bolster our underwriting capabilities but reaffirm our commitment to the energy sector in Canada.

"She is an excellent addition to our overall Property, Construction & Energy team and will be an invaluable risk management partner to our Energy industry clients."

"We are pleased to add Ian to our roster of skilled underwriters in Canada. He has wide-ranging experience across risk management for large commercial companies and will bring a fresh talent perspective to our team," Arezes added.

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