AXA XL insurance announced the promotion of Peter O’Neill to UK head of downstream and power succeeding Peter Welton, who was promoted to UK head of energy in October 2019.
In his new role, he will manage all aspects of the underwriting operations in the UK for downstream energy and power, ensuring strategic profitable growth and the development of the business.
O’Neill joined AXA XL as an energy underwriter in June 2014 and prior to that he worked at AON in 2010 where he was selected for the company’s Impact Programme.
Welton, UK head of energy at AXA XL, commented: “I am delighted that Peter will be taking on this role and have every confidence that his high level of technical expertise and knowledge will further strengthen our UK Energy business. His promotion is also a testament to the depth of talent we have here at AXA XL.”