AXA XL to promote Francesca De Rosa to Head of Construction and Engineering, Reinsurance

Francesca-De-Rosa,-AXA-XL,-Head-of-Construction-and-Engineering,-Reinsurance

AXA XL has announced plans to promote Francesca De Rosa to Head of Construction and Engineering, Reinsurance, effective June 1.

In her new role, Ms. De Rosa will lead AXA XL’s Construction and Engineering Treaty and Facultative portfolio for International and US clients. She will be responsible for outlining and executing the portfolio strategy.

Ms. De Rosa, who is based in Zurich, succeeds Toni Vukadinovic.

Commenting, Bertrand Romagne, Chief Executive, Europe and Chief Underwriting Officer for Property and Casualty, Reinsurance, said: “We would like to thank Toni for his valuable contributions to the business and wish him well for the future.”

Mr. Romagne added: “The construction industry has faced huge disruption due the global pandemic. Delays to projects, shortages of materials and a lack of skilled workers has brought and continues to bring new challenges to this industry.

“Ensuring we remain at the forefront of these evolving risks is key to us delivering on our ‘payer to partner’ strategy for our clients. Having the right talent in place is central to our strategy and I believe that Francesca’s strong underwriting experience and knowledge positions her ideally to deliver for our clients.”

Ms. De Rosa has more than 15 years of underwriting experience in Downstream Energy, Property and Engineering in both insurance and reinsurance, across Europe, the Middle East and Africa, Asia Pacific and Latin America.

Most recently, she held the position of Deputy Head of Construction/Engineering Treaty and Facultative, Underwriting Manager. She has held progressively senior roles since joining AXA XL, then Catlin, in 2011. Prior to this, she held a variety of underwriting positions at various companies in the industry, including Infrassure, Munich Re Italia Spa, and Zurich Insurance Company.

Ms. De Rosa is also a Member of the Executive Committee of the International Association of Engineering Insurance – and Leader of the Statistics Permanent Working Group.

Authored by AXA XL

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About AXA XL

AXA XL is the P&C and specialty risk division of AXA which provides property, casualty, professional and speciality products to industrial, commercial and professional firms, insurance companies and other enterprises, here in the UK and throughout the world. With underwriting teams based in the US, UK, EMEA and Asia Pacific regions, we can make decisions close to the markets you serve and work with you to tailor cover to your business needs.

We help businesses adapt and thrive amidst change. Rather than just paying covered claims when things go wrong, we go beyond protection into prevention so your business can go beyond the unexpected.

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