AXA XL appointed an executive to handle Political Risk and other business lines. Willis Towers Watson named a new Head of Broking for North America.
AXA XL has appointed Dane Mahoney as Global Head of Political Risk, Credit & Bond Risk Management.
Based in New York, Mahoney will report to Rafael Docavo-Malvezzi, Global Chief Underwriting Officer for PRCB and lead a team of global risk analysts across the Americas, Asia, and the UK.
In this new global role, Mahoney will define, monitor, and steer risk appetite for the PRCB team as part of the execution and development of the global underwriting strategy for the group. He is also in charge of leading portfolio management and analysis of the overall PRCB book of business.
Mahoney began his tenure at AXA XL in 2013 as a Risk Analyst for political risk and trade credit. He has helped build the Global Risk Management team into an industry-leading data, analytics, and risk management practice.
Willis Towers Watson named Jon Drummond as its new Head of Broking North America.
In his new role, Drummond will be responsible for leading the company’s North America broking operations and strategy, as well as driving the transformation of digital broking. Based in Chicago, he will report to Mike Liss, Head of Corporate Risk and Broking, North America for Willis Towers Watson.
Additionally, Willis Towers Watson designated Matt Romano as its new Head of Mid-Market Broking Solutions (MMBS) business, which includes Differentiated Broking Solutions (DBS) facilities, Panels, Select Broking, Premium Finance, and the Homestead Group Captive.
Drummond joined Willis Towers Watson in 2014 and was previously Head of Casualty Broking for the North America Casualty Broking business. Before Willis Towers Watson, Drummond worked at Aon within their national casualty practice.
Romano joined Willis Towers Watson in 2007 in the Scottsdale, Arizona market, as a broker, before becoming a Client Advocate specializing in Healthcare. In 2017 he returned to broking to run several broking operations in the West Region.
Sources: AXA XL, Willis Towers Watson