30 April 2020Insurance

AXA XL hires Swiss Re talent for restructured construction unit

Re/insurer AXA XL has made several changes to its North America construction business, including a new hire from Swiss Re Corporate Solutions.

Joe DiRubbo has been appointed underwriting manager, and Kevin Furlow is promoted to lead its construction property risk engineering team.

DiRubbo joins AXA XL from Swiss Re Corporate Solutions where he spent more than 20 years dedicated to addressing large engineering and construction (E&C) risk. Prior to joining Swiss Re, DiRubbo worked with Chubb, Quanta, Ace, and Arch Insurance companies.

Furlow replaces Robert Storey who is retiring. Storey has been property risk engineering manager for over six years.

In addition to AXA XL's builders risk business, the team has also aligned under three product segments. Master builders risk led by Kristen Hoskinson, energy construction led by Chris Fancher, and completed civil works led by Paul Getz.

Joe Vierling, head of AXA XL's builders risk profit center, said: "We are restructuring our team to take a product specific approach that will give our brokers and clients quick access to a dedicated team of specialists to meet their Construction property insurance needs. To help, we're pleased to welcome someone with Joe's technical and industry experience to add to our base of expertise in Project Specific Builders Risk insurance."

He added: "Kevin has done an outstanding job through a variety of speaking engagements and thought leadership opportunities to help raise awareness of construction property loss prevention issues."

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