AXA XL appoints global chief cyber underwriting officer for commercial lines

Anthony Dagostino has been appointed to the newly created role of global chief cyber underwriting officer, commercial lines at AXA XL. Based in New York, he will report to Libby Benet, AXA XL’s chief underwriting officer.

Dagostino will lead an AXA-wide team tasked with creating product and service solutions for cyber risk transfer for commercial clients of all sizes, establishing a clear risk appetite and globally consistent cyber underwriting guidelines, managing aggregation risk, assisting in the recruitment and development of cyber talent, and developing prevention and recovery services for AXA clients.

“Cybersecurity continues to be a top risk management concern for clients across AXA,” said Benet. “Cyber is a strategic growth area for the group and we’re excited to attract seasoned cyber talent like Anthony to help us maximise our global resources, adopt best practices, and tap into our collective cyber expertise across AXA’s entities to best serve commercial clients.”

Dagostino joins AXA XL from Converge, a cyber insurance and risk management provider that he founded. He brings more than 20 years of cyber insurance experience to this new role.