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Hamilton, Bermuda - June 06, 2024

As part of the recently announced insurance underwriting operations reorganization in the Americas, ¾ÅÉ«ÊÓƵhas appointed Noel Pearman to the new role of Chief Underwriting Officer, Bermuda.

Mr. Pearman, who reports to Donna Nadeau, AXA XL’s ÓÈÎïÊÓƵHead of Large Commercial, Americas, is responsible for leading the Bermuda insurance business, developing and executing the underwriting and distribution strategy, while collaborating with the other Americas underwriting business leaders.

With more than 20 years of industry experience, Mr. Pearman brings to the new role a combination of direct portfolio management expertise, technical underwriting acumen, and proven leadership.

Commenting on Mr. Pearman’s appointment, Ms. Nadeau said: “We are thrilled that Noel has taken on this important position. His underwriting experience, respected reputation and successful track record as an industry thought leader, particularly in the cyber space, makes him the perfect person for this new role. Our Large Commercial clients face a myriad of complex, evolving risks which require customized, innovative solutions. With Noel at the helm of our insurance business in Bermuda, there is no doubt that we will strengthen connections with our trading partners and provide solutions to help our clients build more sustainable, thriving businesses.”

Prior to taking on the new role, Mr. Pearman was SVP, Cyber Product Line Leader at ¾ÅÉ«ÊÓƵ where he built the premier Bermuda market cyber liability business, oversaw cyber exposure across all product lines (including property and casualty), and was a frequent international conference speaker and organizer.

Within ¾ÅÉ«ÊÓƵ he has been a member of the Rising Leaders 2022 Cohort, the America’s CUO Extended Leadership Team 2022 Cohort, and the 2023-2024 Leadership Team Advisory Council.

In addition to his day-to-day responsibilities at ¾ÅÉ«ÊÓƵ Mr. Pearman co-chairs the Association for Corporate Racial Equity (ACRE) which works to advance racial equity in Bermuda’s International Business sector. He is also a Global Executive Sponsor of AXA XL’s Rise Business Resource Group, which focuses on developing employees from underrepresented racial and ethnic groups.

Mr. Pearman is a graduate of the Royal Military Academy Sandhurst, UK (Territorial Army Commissioning Course) and obtained a B.A. (Hons.) Economics Degree from Western University in Canada. He also holds a Registered Professional Liability Underwriter designation.

We would also like to take this opportunity to recognize and thank Patrick Tannock upon his retirement from ¾ÅÉ«ÊÓƵin Bermuda this week.

“Under Patrick’s leadership, our Bermuda ÓÈÎïÊÓƵbusiness has solidified its position as an anchor market to which ¾ÅÉ«ÊÓƵis committed,” said Lucy Pilko, ¾ÅÉ«ÊÓƵCEO, Americas. “We are appreciative of Patrick’s significant contributions to AXA XL’s success in the Americas region and the wider international business community.”

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ABOUT AXA XL
¾ÅÉ«ÊÓƵprovides insurance and risk management products and services for mid-sized companies through to large multinationals, and reinsurance solutions to insurance companies globally. We partner with those who move the world forward. To learn more, visit www.axaxl.com

ABOUT ¾ÅÉ«ÊÓƵINSURANCE
¾ÅÉ«ÊÓƵÓÈÎïÊÓƵoffers property, casualty, professional, financial lines and specialty insurance solutions to mid-sized companies through to large multinationals globally. We partner with those who move the world forward. To learn more, visit www.axaxl.com