AXA XL adds AIG’s Carnazza as Head of Construction Property, Americas

AXA XL, the property, casualty and specialty risk division of AXA, has appointed Greg Carnazza as Head of Construction Property for the Americas region.

In the new role, he is based in Atlanta, and reports to Jon Tellekamp, Chief Underwriting Officer, Construction, AXA XL.

Carnazza will oversee the development and execution of the firm’s construction property strategies across the Americas, with a focus on innovative risk transfer solutions, strengthening client relationships, and enhancing the firm’s underwriting capabilities.

Most recently, Carnazza served at AIG as Head of Underwriting, US Builders Risk. He has a decade long expertise in property and construction risk management and experience assessing and mitigating complex construction exposures.

Tellekamp commented on the appointment, “Construction projects today demand a thorough grasp of potential risks and the resilience to adapt to unexpected challenges. As projects grow more complex, partnering with a knowledgeable expert who understands the nuances of construction risk is crucial.

“Greg’s experience, dedicated to construction and commercial property, and strategic underwriting approach make him the ideal leader for our Construction Property team, ensuring we effectively support our clients through these demanding times.”

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