AXA UK has announced the appointment of David Ovenden as chief underwriting officer for its Commercial business.
Ovenden succeeds David Williams who, after 41 years with the business across a variety of roles, is leaving AXA at the end of the year to consider non-executive roles.
Ovenden joins the firm from Willis Towers Watson, where it said he successfully “led, developed and grew” its Pricing and Underwriting Practice over the last few years.
Prior to his move into consulting, he worked for both Aviva and RSA, leading underwriting businesses in the UK, Canada and across Europe.
As chief underwriting officer for AXA UK’s Commercial business, he will be responsible for delivering pricing and underwriting programmes and bringing focus and energy to the continued development of underwriting capabilities across the commercial business.
Axa added Ovenden will join the business in December, and will report into Jon Walker, CEO, AXA Commercial. He will also join the Commercial Executive Committee.
Walker said: “It is a pleasure to welcome David Ovenden to the AXA Commercial business. His experience, knowledge and leadership skills are invaluable as we drive forward our vision and focus to further strengthen our underwriting capabilities.
“I would like to thank David Williams for his contribution to the business over the last 41 years. He has been a true asset in many areas.”
Ovenden added: “I am extremely excited to be taking a key role in the UK commercial insurance market with the AXA team. AXA Commercial’s vision and direction is aligned with my own and I can see an extraordinary fit.”