Stephen Clark Named AXA XL Marine Liabilities Global Practice Leader

AXA XL's global marine insurance business has appointed Stephen Clark marine liabilities global practice leader. Based in Chicago, Mr. Clark assumes the new role in addition to retaining his responsibilities as North America hull and liabilities practice leader.

Mr. Clark joined AXA XL in 2017 to lead its marine hull and liabilities business in North America. Prior to joining AXA XL, he served as vice president of ocean marine business at CNA. He earned his undergraduate degree from the State of New York Maritime College and his MBA from Fordham University. He holds the Chartered Property Casualty Underwriter (CPCU) and Associate in Marine Insurance Management (AMIM) designations.

"Since joining our team in 2017, Steve has done a tremendous job steering our North America marine liabilities book of business in the right direction," Anne Marie Elder, global chief underwriting officer for AXA XL's marine insurance business, said in a statement. "Now, in his new responsibilities, he'll put his 30 years of marine underwriting and management expertise to work for us on a global basis. Working with our marine teams in each region, Steve will help us drive consistency of our practices, products, and pricing across our marine liabilities business worldwide."

AXA XL's global marine business provides insurance for clients with special coverage needs for marine exposures, including inland marine, ocean cargo, blue and brown water hull, protection and indemnity, and excess and primary marine liabilities. Coverage is written on both a primary and an excess of loss basis.