Markets/Coverages: AXA XL Launches Alternative Risk Solutions; Bouteille to Lead

AXA XL has launched a dedicated Alternative Risk Solutions (ARS) team, appointing Sylvain Bouteillé, current chief underwriting officer, specialty as its leader.

The new team centralizes AXA XL’s alternative risk expertise to enhance its ability to quickly deliver innovative and efficient alternative risk transfer solutions in the US, Canada and Bermuda.

ARS will be part of AXA XL’s large commercial business segment and it will initially focus on captive solutions including structured risk solutions, led by Austin Su. Group captives will be led by Joseph Davina. Single cell parent captives will be a part of ARS with plans to expand capabilities in the future.

The team will work closely with Steve Bauman, head of captives programs on AXA XL’s Client Broker Management team.

“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,” said Donna Nadeau, head of large commercial.

Bouteillé will retain his responsibilities as CUO, specialty in the Americas. He joined AXA XL in August 2025 with more than 30 years of industry experience, and a strong focus on credit risk, multinational programs, and strategic leadership.