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2023 Break Out Awards NORTHEAST SOUTH MIDWEST WEST

ERIK BARNES Underwriting manager, cyber and technology errors and omissions

Axa XL, a unit of Axa

New York

Erik Barnes joined what was then XL Catlin in June 2018 as a senior underwriter and was promoted to underwriting manager in June 2022. Prior to that he had been an underwriter and associate underwriter with Ironshore Insurance, now a unit of Liberty Mutual Insurance Co. He began his insurance career with regional middle-market retail broker Conner Strong & Buckelew, where he supported the major accounts team.

How are technological advances affecting your job?

As a cyber underwriter this is very relevant, because there are so many new products and offerings now from a cybersecurity perspective that are available for organizations of all types. There are new security tools that help deal with new threats to offer to clients to help them improve their overall cybersecurity posture and seeing that improvement is exciting.

What do you wish more people knew about insurance?

That it’s a hidden gem when it comes to career opportunities — it has everything. It will give you a good work-life balance, and you don’t need to be a genius at math. From a career perspective, there’s something for everyone. There are endless opportunities for all types of personalities and skill sets.

What’s something about you that would surprise people?

I used to busk. In Philadelphia on street corners. In subway stations in New York City, I would play my guitar and sing as people were getting on and off the train. During college it helped pay the rent and for textbooks.

Favorite hobby or pastime?

I love swimming laps — I do it three to four times a week. And hiking with my dog. I love anything outdoors.

Favorite song?

 “Fever to the Form” by Nick Mulvey.