AXA XL Names Lucy Pilko CEO of Americas Insurance Operations

AXA XL has appointed Lucy Pilko as CEO for the Americas region of its insurance operations, effective October 30, 2023.

Ms. Pilko assumes the role from Joseph Tocco, who has decided to retire after over 12 years as a senior executive in AXA XL's insurance business, including his current position as chief executive for the Americas. He will remain as a special adviser through 2023.

In her new position, Ms. Pilko will lead AXA XL's insurance business in the United States, Canada, and Bermuda. She brings more than 20 years of insurance industry consulting experience, most recently as managing director and senior partner for Boston Consulting Group (BCG), leading its North American insurance practice across commercial lines, personal lines, brokerage, individual and group life, and reinsurance. In that role, Ms. Pilko developed a particular focus on operating models and digital transformation and served on BCG's large-scale transformation and people and organization practices.

"Given her decades of insurance industry consulting experience, Lucy brings a unique cross-industry perspective," Scott Gunther, AXA XL's CEO, said in a statement. "Together with the Americas leadership team and our deep bench of underwriting, risk consulting, and claims expertise, Lucy's experience will be valuable as we push forward on our strategy, building our recognition, and positioning AXA XL for further growth across the Americas."

"Lucy joins a very strong and determined team, thanks to Joe Tocco," Mr. Gunther said. "Because of his leadership, our Americas region is well positioned for future success. All of us at AXA XL wish Joe a happy retirement and thank him for his commitment to serving our brokers and clients and his years of dedication in helping build our Americas operation to what it is today."