AXA XL appoints new Global Chief Underwriting Officer for Cyber News provided by Share this article LONDON, Jan. 28, 2021 /PRNewswire/ -- AXA XL today announced that Michael Colao has joined as Global Chief Underwriting Officer, Cyber, reporting to the recently promoted Global Chief Underwriting Officer for Financial Lines, Libby Benet. Commenting Ms. Benet said: "Michael brings a wealth of knowledge from his nearly 20 years as a senior Cyber Security expert in the financial service industry, his background and technical expertise will complement the underwriting talent within our global cyber team, providing a unique perspective into cyber risk." Based in London, Mr. Colao will manage aggregate cyber exposure across AXA XL's products globally. Additionally, he will help develop and implement strong underwriting standards globally, and drive innovation to ensure AXA XL continues to be a partner of choice in this important line of business.