AXA XL appoints Welton divisional CUO

AXA XL Insurance today announced the appointment of Peter Welton as CUO, Marine, Energy & Aerospace, UK & Lloyd’s Market.

Effective immediately, Mr Welton is responsible for developing and executing the insurer's underwriting strategy with a team based in London.

Mr Welton’s career began in 2000, when he secured a place on the Marsh's graduate scheme. He remained with the broker until 2005, when he joined Catlin (now a part of AXA XL).

For the next decade, he held several underwriting roles within the energy sector, before being appointed senior class underwriter for downstream energy and power in 2016 and UK head of energy in 2019.

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