3 April 2023Analysis

AXA XL appoints new marine liability & ports underwriter

AXA XL has announced the appointment of Adam Lait as senior underwriter, marine liability & ports, UK & Lloyd’s, effective immediately.

In his new role, Lait will be responsible for developing and managing underwriting strategies for renewing and new business within AXA XL’s marine liability & ports book of business in the UK. He will report to Paul Rothery, global chief underwriting officer and head of marine liability & ports, UK & Lloyd’s.

“I’m delighted to welcome Adam to the team,” said Rothery. “He is highly regarded by brokers, underwriters, and clients across the market and brings with him a wealth of knowledge, experience and integrity, making him a great fit to lead our large and diverse underwriting portfolio.”

Sundeep Khera, head of marine, UK & Lloyd's, and global head of hull at AXA XL, added: “To provide our partners and clients with the support they need to mitigate and transfer their risks – while also creating innovative solutions in the years ahead – investing in talent is essential. Adam’s deep understanding of the Marine liability sector, as well as his strong industry network, further bolsters our capabilities in the region, helping us to achieve our ambitions.”

Lait has extensive knowledge of the marine liability and ports market, having been a broker in the London market for over 20 years. He started his career at Heath Lambert in 2001, with broking positions at Alston Gayler, Lockton and most recently Marsh where he was senior vice president.