AXA XL appoints Halai as global CUO for structured risk solutions

AXA XL has appointed Jiten Halai as global chief underwriting officer (CUO) for structured risk solutions, as it looks to expand its alternative risk transfer capabilities.

Halai (pictured) will lead global underwriting strategy for the unit, working with regional teams to scale AXA XL’s offering in non-traditional insurance solutions for corporate clients and captives.

The role sits at the centre of the insurer’s push into bespoke, multi-line and multi-year risk transfer structures, as demand grows for more flexible approaches to complex risks.

Halai joined AXA XL in 2019 and most recently served as head of structured risk solutions for the UK and Lloyd’s.

He brings more than 15 years of experience across insurance and financial services, including prior actuarial roles at Fidelis, Brit Insurance, ArgoGlobal and Catlin.

Yannick Daucourt, global chief underwriting officer for specialty niche at AXA XL, said the appointment reflects increasing client demand for alternative structures.

“Alternative risk transfer is a key area of growth as our clients seek more tailored and forward-looking approaches to risk,” he said.

“Our recent expansion of the Alternative Risk Solutions team in the Americas reflects our commitment to this market,” Daucourt said.

“Jiten brings a unique combination of underwriting expertise, actuarial depth, and strategic vision,” he continued.

“His leadership will be instrumental in continuing to evolve our offering and helping our clients transfer increasingly complex risks,” he added.