Chubb’s Gunter becomes AXA XL CEO

AXA has appointed Scott Gunter, previously senior vice president of Chubb Group and president of Chubb’s North America Commercial Insurance division, as CEO of AXA XL. He will replace Greg Hendrick, who has left to pursue other opportunities outside the group.

Gunter will join AXA’s management committee, reporting to Thomas Buberl, CEO of AXA. Prior to his last role, Gunter held several global positions within Chubb, including chief underwriting officer.

Thomas Buberl, CEO of AXA said: “I would like to warmly thank Greg for his leadership in managing the integration of XL over the past two years and building the new AXA XL division, which is today a solid and well positioned franchise.

“Greg’s contribution has been instrumental in creating business synergies and ensuring a smooth transition for our clients and brokers. With the effective consolidation of AXA Art, AXA Corporate Solutions and XL's activities under one roof, he has laid the foundation for AXA XL’s future success as part of the number one global commercial lines insurance platform. I wish him all the best in his future endeavours.

“I am very happy that Scott is joining AXA. Scott brings over 30 years of experience, a strong track record in commercial insurance, underwriting and profound knowledge of the North American market. I am convinced that his deep experience and leadership skills coupled with the highly professional and engaged teams of AXA XL, will be a winning combination to drive the next phase of AXA XL’s development.”

Hendrick said: “I am proud of the work done together with our colleagues in creating the new AXA XL division. As I move on, I am convinced that the expertise, ability to innovate and customer focus which are at the heart of our DNA will be key assets in ensuring the continued success of this great platform.”

Gunter added: “I am very happy to join the AXA Group and look forward to working with AXA XL’s teams to accelerate its development. Together, we will leverage our unique position in the market and our recognized expertise to make AXA XL the best global commercial lines insurance partner for its clients.”

These changes will be effective immediately, subject to any required regulatory approval.