Following a purchase announcement this March, the art world insurance companies AXA and XL Group have announced the newly minted entity AXA XL, which will offer three categories of coverage. One of those tiers will include a branch called XL Art & Lifestyle, which combines XL’s fine art and specie business with AXA art offerings.
In May, the company appointed Irina Buchmann as president and CEO of AXA Art Americas. A veteran of the organization, Buchmann has worked in the realm of strategy, finance, and risk management. In a statement announcing the designation, Kai Kuklinski, global CEO of AXA ART, said, “We are fortunate to welcome this specialist of high caliber to AXA ART‘s global operations and look forward to the results of her contributions.”
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