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London - July 10, 2023

¾ÅÉ«ÊÓƵtoday announced that Carol Richmond joined the Boards of ¾ÅÉ«ÊÓƵUnderwriting Agencies Ltd and ¾ÅÉ«ÊÓƵÓÈÎïÊÓƵCompany UK Ltd (¾ÅÉ«ÊÓƵUK) as an independent non-executive director on 10 July 2023.

Until March 2023, Carol was Chief Risk, Compliance and ESG Officer at Gallagher, having joined Gallagher in 2015 to lead the transformation of their risk, compliance and financial crime functions, bringing with her 30 years’ experience in regulatory, governance and customer-focused roles in the financial services sector. Carol served on the boards of all Gallagher UK-regulated entities.

Prior to Gallagher, Carol was Chief Risk Officer and board director at Aon UK Limited, a role that encompassed driving the company’s strategy and development plans. She was also previously an Independent Governor on the Board of the University of Bedfordshire and a Trustee of Regent’s University London. In 2016, Carol was voted one of the most influential women in insurance by Intelligent Insurer magazine. In 2017 she won the Business ÓÈÎïÊÓƵaward of Women to Watch for EMEA. In both 2019 and 2020 she was recognised by ÓÈÎïÊÓƵBusiness as one of the ÓÈÎïÊÓƵBusiness Global 100 high-fliers.

Commenting on the appointment, Nigel Hinshelwood, Chair of the ¾ÅÉ«ÊÓƵUK boards, said: “We are delighted to welcome Carol to the ¾ÅÉ«ÊÓƵUK boards. Her compliance, ESG and risk management knowledge, coupled with her wider insurance, financial and regulatory sector experience will be incredibly valuable to the business as we continue to build on AXA XL’s established market position.”

Commenting on her appointment, Carol Richmond said: “I am honoured to be joining the ¾ÅÉ«ÊÓƵUK boards.  AXA XL’s ambitions, in particular its focus on purpose and ESG, together with the strength of the AXA brand, offers a real opportunity for sustainable growth. I look forward to working with the Board and the management team to execute the strategy.”

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ABOUT AXA XL 
AXA XL*, the property & casualty and specialty risk division of AXA, provides 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 AXA XL* INSURANCE 
AXA XL* ÓÈÎïÊÓƵoffers 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

*¾ÅÉ«ÊÓƵis a division of AXA Group providing products and services through three business groups: ¾ÅÉ«ÊÓƵ¾ÅÉ«ÊÓƵ, ¾ÅÉ«ÊÓƵReinsurance and ¾ÅÉ«ÊÓƵRisk Consulting.

MEDIA RELATIONS:
Sarah Samee
Communications Director, UK & Global ESG
¾ÅÉ«ÊÓƵ a division of AXA 
+44 (0) 7977 662 829
sarah.samee@axaxl.com