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AXA XL has appointed David Watson as Senior Underwriter, Political Risk, Credit & Bond (PRCB), UK & Lloyd’s market, with immediate effect. 

In his new role, Mr. Watson will be responsible for helping to deliver the strategic, profitable growth of AXA XL’s PRCB book of business in the UK and establishing and developing relationships with key brokers and clients in the market.

Commenting on the appointment, Ian Nunn, Head of PRCB, UK & Lloyd's market, said: "As exporters and lenders adjust to the impact of the COVID-19 pandemic, we’re seeing increased demand to help them manage exposure to political and economic instability.  For our clients, it’s important to have the right insurance partner to help manage these risks.  I’m therefore delighted that David will be taking on the role of Senior Underwriter within the PRCB team at AXA XL. His knowledge and experience will be a great asset in helping us to deliver our payer to partner strategy, as we continue to develop our PRCB book in the UK.”

Mr. Watson began his insurance career at AXIS in the terrorism and political violence team in 2013. He was later promoted to senior underwriter and joined the Capital Risks Solutions team in 2017, specialising in project finance and secured aircraft finance.

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AXA XL1, the property & casualty and specialty risk division of AXA, provides insurance and risk management products and services for mid-sized companies through to large multinationals, and reinsurance solutions to insurance companies globally. We partner with those who move the world forward. To learn more, visit

AXA XL1 Insurance offers property, casualty, professional, financial lines and specialty insurance solutions to mid-sized companies through to large multinationals globally. We partner with those who move the world forward. To learn more, visit
1AXA XL is a division of AXA Group providing products and services through three business groups: AXA XL Insurance, AXA XL Reinsurance and AXA XL Risk Consulting.