The 2027 Executives to Watch: AXA XL’s Libby Benet

Libby Benet, CEO, Risk Advisory, AXA XL

As technology plays a larger role in identifying, analyzing and preventing potential losses, AXA XL has appointed company veteran Libby Benet as CEO of its new Risk Advisory unit.

“I envision AXA XL Risk Advisory as a business that helps clients understand, anticipate, and manage risk before it becomes loss,” Benet said of her new role.

“We want to stand in the shoes of our clients, to see the challenges they are facing and the outcomes they need and then bring together the right tools from across all our domains of expertise to help them address those challenges,” she said.

Previously, Benet served as AXA XL’s Global Chief Underwriting Officer. Benet credits her willingness to embrace uncertainty with helping advance her career.

“I’ve never viewed my career as a series of carefully planned steps. Many of the most rewarding opportunities came from moving toward areas of uncertainty rather than away from them,” she said.

“Throughout my career, I have often been drawn to challenges where the answers were not yet clear, whether that meant entering new markets, building new capabilities, or navigating unfamiliar situations. I have always enjoyed bringing people together to find a path forward when the destination was not fully defined.”

Benet is also spearheading AXA XL’s announced acquisition of S-RM, a specialist corporate intelligence and cyber security consultancy that the insurer already partially owned. S-RM will sit within AXA XL Risk Advisory and add more prevention capabilities to the company’s offering.

The planned integration will bring together AXA XL’s risk consulting teams, S-RM’s geopolitical intelligence, crisis response and cyber expertise, and the technology-enabled solutions of the AXA Digital Commercial Platform.

Under Benet’s leadership, the combined capabilities are intended to create an integrated advisory offering that helps clients build resilience against a broader range of emerging and interconnected risks.

“Rather than looking at property, cyber, supply chain, geopolitical, climate, reputational, or operational risks in isolation, our goal is to help clients understand how these risks interact and where interventions will have the greatest impact.

“What makes this approach different is the combination of human expertise with data, analytics, and technology to deliver actionable insights at scale. We want to help clients move from reacting to events to making better risk-informed decisions before disruption occurs,” she said.

“Throughout my career, I’ve remained fascinated by how risks connect, how organizations make decisions, and how our industry can create value beyond the policy itself. That curiosity continues to motivate me today as we build Risk Advisory and help clients become more resilient in an increasingly complex world,” she added. &


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