AXA XL expands cyber insurance team with new leadership role

AXA XL  has appointed Robert Malone as Head of Large Accounts and Portfolio Management for its Cyber Insurance team in the Americas. Based in New York, Malone will oversee strategy and growth for large account cyber insurance portfolios, focusing on new and renewal business, as well as managing performance metrics through data analytics and portfolio reviews.

Previously, Malone served as VP and Head of Middle Markets for Professional Liability & Cyber at Zurich North America and has held roles at Booz Allen Hamilton, Axis Capital, and Travelers, developing expertise in cyber liability and Directors & Officers Liability underwriting.

This appointment complements AXA XL’s recent formation of Middle Market and Wholesale cyber underwriting teams, aimed at addressing diverse client needs and aligning with broker distribution models. Malone’s extensive experience in cyber and professional liability underwriting is expected to enhance AXA XL’s cyber insurance offerings and support clients’ cybersecurity initiatives.