Former AXA Insurance chief agrees AXA departure

AXA has agreed terms with Philippe Maso over his departure from AXA UK five months after announcing his exit, it has emerged.

Maso was chief executive of AXA Insurance for two-and-a half-years before he left AXA as part of a restructure in October.

Insurance Times understands that Maso is considering a handful of offers in the UK market, including a role at a venture capital firm.

He is also believed to be targeting a return to an insurer in a senior role.

In a statement confirming Maso’s departure last month, AXA said: “After sixteen years of collaboration AXA and Philippe Maso y Guell Rivet, former CEO of AXA Insurance in the UK, have agreed to part company.

“Philippe Maso will pursue other opportunities in the UK market where he has been based for the past eight years.”

For more on Maso's departure from AXA, read our analysis: Philippe Maso departs AXA: where did it all go wrong?

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