Axa XL expands UK cyber team

Axa XL has expanded its UK cyber team with a range of appointments across its underwriting and claims operations.

The latest additions include Daniel Garrett, Dan Lander, Adelaide Fragiacomo, Fred Kelleher, John Wild and Chloe Hargreaves.

The move means that the cyber arm now has eight underwriters and two claims adjusters.

Vanessa Leemans, head of cyber for the UK and Lloyd’s, said: “As businesses are increasingly reliant upon digital platforms and cloud services, they’re becoming more vulnerable to cyber exploitation. It’s against this backdrop that we’re seeing growth in the global cyber insurance market.

“Cyber remains a top concern amongst our clients and that’s why we’re expanding our UK cyber team.”

Team experience

Garrett joins from Berkshire Hathaway as cyber underwriting manager and has over 13 years’ experience in cyber and technology underwriting. 

And Lander joins from Liberty Specialty Markets as a senior cyber underwriter, with him having six years’ experience in cyber underwriting.

Meanwhile, Fragiacomo, who has four years of industry experience, joins from Axa XL Australia as a cyber underwriter.

Kelleher, who previously worked at Axa XL as a merger and acquisition (M&A) underwriter, has also taken up the same role as Fragiacomo, as has former K&R underwriter Wild.

Finally, Hargreaves joins as a cyber claims adjuster from Axa XL’s graduate scheme. She will work with Joseph Putnam, senior cyber claims adjuster, who joined the London team in 2023.

Leemans said: ”In the London market, there is growth potential as we partner with London brokers and our large corporate clients globally with revenues exceeding $500m (£347m).

“It’s important that we’re able to support demand on primary and excess cyber insurance with cyber expertise.”

• Insurance Times has converted dollar amounts into pound sterling using an exchange rate of $1.31 = £1, as of 1 September 2024.