Matthew Latham has taken on a new role at AXA XL as chief underwriting officer for global programmes and captives.
Steve Bauman, Marine Charbonnier and Owen Williams will all report in to Latham as the current heads of global programming and captives for the three AXA XL regions. Bauman heads up North America, Charbonnier Europe, and Williams UK, Nordics and Ireland.
Kelly Lyles, who was the head of CE, client and country management, which included captives and global programmes, is understood to have left AXA XL.
AXA XL has approximately 6,000 global programmes and 200 captives. It is also known for its reinsurance and fronting solutions.
Latham was previously head of global programmes and captives at AXA XL, and the role shift to a position which is more internal looking is during a time of restructure at the organisation.
AXA XL has been doing a large amount of restructuring in 2020 following the appointment of new CEO Scott Gunter in February 2020.
Latham’s move is in line with the restructure, which moved to create a single global underwriting function and established three geographical business units- the Americas, Eurasia, and the UK & Lloyd’s market.
At the time of the announcement, Gunter said that he had thought a lot about the changes.
“I have spent my first 60 days as CEO considering our priorities and our structure and assembling the right team to drive AXA XL forward,” he said. “We want to continue to serve our clients and brokers to the very best of our ability while being a simpler organisation to navigate.
“The regional structure would mean decisions can be made faster in country, while the global functions would mean our clients and brokers continue to benefit from our global expertise and experience.”