AXA XL has officially introduced a dedicated Alternative Risk Solutions (ARS) team, marking a strategic move to strengthen and streamline its alternative risk transfer capabilities across the United States, Canada, and Bermuda. By centralizing its alternative risk expertise, AXA XL aims to accelerate the development and delivery of innovative, flexible, and efficient solutions that help large commercial clients better manage rising and increasingly complex risk exposures.

The newly formed ARS team operates within AXA XL’s Large Commercial business segment and is led by Sylvain Bouteillé, who also continues in his role as Chief Underwriting Officer, Specialty in the Americas. With more than three decades of experience across the (re)insurance industry, Mr. Bouteillé brings deep expertise in credit risk, multinational programs, and strategic leadership. Since joining AXA XL in August 2025, he has played a key role in shaping specialty underwriting strategy, making him well-positioned to guide this expanded alternative risk initiative.

Initially, the ARS team will concentrate on captive-focused solutions. This includes Structured Risk Solutions, led by Austin Su; Group Captives, under the leadership of Joseph Davina; and Single Cell Parent Captives. Over time, AXA XL plans to broaden the team’s scope, adding new capabilities in response to evolving client needs and market dynamics. In parallel, the ARS group will collaborate closely with Steve Bauman, Head of Captives Programs within AXA XL’s Client Broker Management organization, to ensure strong broker alignment and seamless client engagement.

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According to Donna Nadeau, Head of Large Commercial at AXA XL, “This is an exciting opportunity for us to enhance our offerings in this space and continue to serve our clients with tailored, strategic solutions. As the cost of risk continues to rise, more businesses are seeking alternative risk solutions to flexibly and effectively manage their exposures. For our clients, this means access to more customized, cost-effective options that can help them navigate the rising costs of risk and build resilience against future uncertainties.”

As market volatility intensifies and traditional insurance models face increasing pressure, organizations are actively exploring alternative structures to gain greater control over their risk financing strategies. In response, AXA XL’s centralized ARS team is designed to provide faster access to specialized expertise, while also enabling the development of more customized and integrated solutions.

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Mr. Bouteillé highlighted the broader vision behind the initiative, stating: “I’m excited to lead this new team and the incredible opportunities it brings. In today’s volatile and cost-driven environment, consolidating AXA XL’s alternative risk transfer capabilities, including customized structured solutions and support for captive arrangements, will enable us to provide more comprehensive, flexible, and innovative risk management options. This focused approach will help us strengthen relationships with brokers and clients, ultimately delivering greater value and helping them better navigate complex property and casualty risks as well as emerging risks such as cyber, environmental, and climate-related exposures.”

Through this strategic launch, AXA XL reinforces its commitment to evolving beyond traditional insurance approaches. By investing in a unified Alternative Risk Solutions team, the company is positioning itself to help clients build resilience, optimize risk strategies, and confidently address both today’s challenges and tomorrow’s emerging threats.

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