10 September 2019Analysis

AXA XL hires captives export to lead new business in Canada

AXA XL has launched a local captive practice in Canada, which will be led by Alonso Tello, which the company said came in response to growing demand for captive and alternative risk transfer in the country.

Tello joins from Zurich in London where he was senior fronting manager for captive services. He has a decade of experience in the industry focusing on captive, integrated multiline multi-year, loss portfolio transfers, as well as large multinational property and casualty lines.

At AXA XL he provides technical support across business lines in structuring global captive programs, ensures global programs comply with regulations and follow best practices, and works helps develop new and innovative captive products.