AXA XL announces promotion of Kareen Richardson to Head of Healthcare, Bermuda

Hamilton, Bermuda - November 30, 2022

AXA XL today announced the promotion of Kareen Richardson to Head of Healthcare in its Bermuda Insurance Excess Casualty business.

Ms Richardson, who has more than 27 years of experience in the insurance industry in both casualty/healthcare underwriting and broking roles, is responsible for developing, implementing and driving strategies of AXA XL’s Bermuda Insurance Healthcare underwriting unit. She reports to Head of Excess Casualty Bermuda Vivienne Moniz.

Ms Richardson began her insurance career in the Claims Department of what was then XL Insurance (Bermuda) Ltd.  She later worked as a Technical Assistant in the Casualty Underwriting Department and subsequently has held progressively senior industry roles. This includes Assistant Vice President, Healthcare Underwriter at Endurance Specialty Insurance Ltd., Senior Vice President, Bermuda Operations Manager/Team Leader and Senior Healthcare Placement Manager at Integro Insurance Brokers. She returned to AXA XL in 2019 as Vice President, Senior Underwriter in the Excess Casualty Department.

Commenting on the promotion, Ms Moniz said: “We congratulate Kareen on this well-deserved advancement. Her vast industry knowledge and experience in healthcare has been an asset to the Excess Casualty Team, particularly as we navigated our business through the global pandemic.”

Patrick Tannock, CEO of AXA XL Insurance in Bermuda, added: “At AXA XL we pride ourselves on having adaptability and agility. Kareen has demonstrated both in her approach to building her professional career as well as delivering value to the business. We look forward to what she will accomplish in her new role.”

Ms Richardson is a Founding Committee Member of the Bermuda Healthcare Forum and an Education Committee Member of the Bermuda ASHRM chapter. She was named “Power Broker of the Year” in Healthcare by Risk & Insurance magazine in 2015.

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ABOUT AXA XL¹

AXA XL¹, the property & casualty and specialty risk division of AXA, provides insurance and risk management products and services for mid-sized companies through to large multinationals, and reinsurance solutions to insurance companies globally. We partner with those who move the world forward. To learn more, visit www.axaxl.com

ABOUT AXA XL¹ INSURANCE

AXA XL¹ Insurance offers property, casualty, professional, financial lines and specialty insurance solutions to mid-sized companies through to large multinationals globally. We partner with those who move the world forward. To learn more, visit www.axaxl.com

¹AXA XL is a division of AXA Group providing products and services through three business groups: AXA XL Insurance, AXA XL Reinsurance, and AXA XL Risk Consulting.