AXA XL has introduced the appointment of Lucy Pilko (pictured above) as CEO for the Americas area of its insurance coverage operations.

Pilko will assume the position on Oct. 30, taking on from Joseph Tocco, who has determined to retire after greater than 12 years as a senior govt within the firm’s Insurance coverage enterprise, together with his present place as CEO for the Americas. Tocco will proceed to function a particular advisor to the corporate via 2023.

In her new place, Pilko might be accountable for main AXA XL‘s insurance coverage enterprise within the Americas, which incorporates operations in the US, Canada, and Bermuda.

Pilko has greater than 20 years of {industry} expertise. Most not too long ago, she served because the managing director and senior companion for Boston Consulting Group, the place she led the North American insurance coverage follow throughout varied areas, together with industrial traces, private traces, brokerage, particular person and group life, and reinsurance.

“Given her a long time of insurance coverage {industry} consulting expertise, Lucy brings a singular cross-industry perspective,” stated Scott Gunter, CEO of AXA XL. “Along with the Americas management workforce and our deep bench of underwriting, threat consulting and claims experience, Lucy’s expertise might be beneficial as we push ahead on our technique, constructing our recognition and positioning AXA XL for additional progress throughout the Americas.

“Lucy joins a really robust and decided workforce, due to Joe Tocco,” Gunter stated. “Due to his management, our Americas area is nicely positioned for future success. All of us at AXA XL want Joe a contented retirement and thank him for his dedication to serving our brokers and purchasers and his years of dedication in serving to construct our Americas operation to what it’s right this moment.”

Earlier this month, AXA XL introduced the appointment of Vito Raimondi as the brand new head of its US Central Zone. In July, the corporate appointed Adele Smith as head of mid-market generalist.

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