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Axa XL, a division of Axa SA, on Monday said it has hired Jennifer Arezes, former head of Zurich Insurance Group Ltd.’s commercial property insurance business in Canada, as a senior underwriter for large property insurance based in Toronto.
Ms. Arezes will work alongside Ian Rutherford, head of property, Canada, and Urs Uhlmann, CEO and country manager Axa XL, Canada, to grow the insurer’s property/casualty large property business nationally, Axa XL said in a statement.
In this new role, Ms. Arezes will develop and structure tailor-made risk coverages to win new business and retain existing policyholders, focusing on Canadian clients with large global exposures, Axa XL said.
Bermuda-based insurer and reinsurer Axa XL on Tuesday announced plans to cut 711 jobs in Europe as it consolidates the newly combined businesses in France, Italy, Germany and the United Kingdom into one structure.