’Our clients are looking for more than risk transfer, they want partners who can help them anticipate, prevent and mitigate risk,’ says CUO
Axa XL has created a new business unit dedicated to prevention.
The new unit, led by Libby Benet, currently the company’s global chief underwriting officer, aims to accelerate the development and reach of the insurer’s risk consulting capabilities and prevention services.
It will combine advanced data, analytics and technology with Axa XL’s risk engineering and advisory expertise to deliver propositions.
Benet said: “Our clients are looking for more than risk transfer, they want partners who can help them anticipate, prevent and mitigate risk.
”This business unit allows us to build on what we already do well, deepen our engagement with clients and better integrate prevention and risk insights into how we serve them globally.”
’Core part of offering’
It comes after Axa’s 2025 Future Risks Report highlighted prevention as a critical strategy for the future, with 86% of experts agreeing that the most concerning risks could be at least partially avoided through preventive measures.
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Scott Gunter, chief executive at Axa XL, said: “Prevention must be at the heart of how we support our clients.
”That is why we are making services a core part of our offering.
”The launch of this business unit marks an important step. By expanding our services capabilities, we are strengthening how we support our clients and positioning Axa XL for the future.”
His career began in 2019, when he joined a local north London newspaper after graduating from the University of Sheffield with a first-class honours degree in journalism.
He took up the position of deputy news editor at Insurance Times in March 2023, before being promoted to his current role in May 2024.View full Profile
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