AXA XL adds global chief cyber underwriting officer for commercial lines

AXA XL has announced its appointment of Anthony Dagostino (pictured) to the newly established position of global chief cyber underwriting officer, commercial lines.

His transition to AXA XL comes from Converge, a cyber insurance and risk management provider that he founded. With over 20 years of experience in cyber insurance, he will spearhead an AXA-wide team responsible for devising product and service solutions for cyber risk transfer among commercial clients of all sizes. This includes establishing a clear risk appetite and globally consistent cyber underwriting guidelines, managing aggregation risk, aiding in the recruitment and development of cyber talent, and creating prevention and recovery services for AXA clients.

Based in New York, Dagostino will be reporting to Libby Benet, AXA XL’s chief underwriting officer.

“Cybersecurity continues to be a top risk management concern for clients across AXA. Cyber is a strategic growth area for the group and we’re excited to attract seasoned cyber talent like Anthony to help us maximize our global resources, adopt best practices, and tap into our collective cyber expertise across AXA’s entities to best serve commercial clients,” Benet said.

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