AXA XL launches local captive practice in Canada

AXA XL, a Bermuda-based subsidiary of French re/insurer AXA, has introduced a local captive practice to in Canada. Leading the new practice will be Alonso Tello, who was appointed as vice president of its captives and alternative solutions business. The new service will look to meet the rising demand for captive and alternative risk transfer expertise in Canada, the company said. Tello joins from Zurich in London where he was senior fronting manager for captive services. He has a decade of experience in the industry focusing on captive, integrated multiline multi-year, loss portfol...