AXA XL has appointed Jennifer Schipf as Global Chief Underwriting Officer for Fine Art & Specie (FAS).

In this new global role, she will be leading the company’s regional FAS teams to further strengthen underwriting capabilities across established and emerging markets.

“Jennifer brings a wealth of knowledge and experience not only in the intricacies of the global art world, but also in the broader specialty insurance sector. During her tenure at AXA XL she has helped grow our business, partnerships, and talent to help build one of the most prestigious art insurance practices in the world,” said Stephen Ashwell, Global Chief Underwriting Officer, Specialty.

Prior to joining AXA XL, Ms. Schipf led the US Fine Art underwriting practice at QBE and held various roles in claims, settling losses and performing loss control assessments for private collector clients.

She holds a Bachelor of Arts degree in Art History and Economics from Georgetown University with a concentration in the Italian Renaissance and Patronage of the Papacy. She also holds a Bachelor of Science degree in Interior Architecture from the University of Wisconsin, Madison.

Earlier, AXA XL Insurance appointed Mathieu de Roquemaurel as Underwriting Manager, Specialty and Daphné de Marolles as Underwriting Manager, Art & Specie and Private Clients for its operations in France.

 As Underwriting Manager, Specialty, a newly created role, Roquemaurel will be responsible for the businesses lines,Accident & Health,Art & Specie and Private Clients,Crisis Management & Security Risks,Political Risk, Credit & Bond  including in France, 

France is Europe’s largest market for art. In 2019, it was ahead of Germany, Italy and Switzerland with over 80,000 artworks sold, representing EUR 681 million.

The COVID-19 pandemic has had an impact on sales, but it has also accelerated the digitization of the sector with the development of virtual exhibitions and online auctions