📋 Tender Overview
AXA XL 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 XLs 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 Francescas 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 ConstructionEngineering 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.
