Michael Sternberg
About Michael Sternberg
Michael Sternberg serves as the Assistant General Counsel at AXA XL in Hartford, Connecticut, where he has worked since 2022. He has extensive experience in regulatory counsel and insurance compliance, having held positions at various companies over the past decade.
Work at AXA XL
Michael Sternberg has served as Assistant General Counsel at AXA XL since 2022. In this role, he manages cancellation and nonrenewal procedures and drafts and amends contracts for various insurance products. He advises senior executives on complex financial, reinsurance, and investment transactions, ensuring compliance with industry regulations. His expertise encompasses property and casualty products, including rating, forms, and filings. He actively participates in market conduct exams and builds relationships with regulators by attending industry conferences such as NAIC and AICP.
Previous Experience in Regulatory Counsel
Before joining AXA XL, Michael Sternberg worked as Regulatory Counsel at Coverys from 2021 to 2022. Prior to that, he held a similar position at Beazley from 2016 to 2021. His experience in these roles involved advising on regulatory compliance and managing various aspects of insurance law, contributing to his extensive knowledge in the field.
Career Background in Insurance and Compliance
Michael Sternberg has a diverse background in insurance and compliance. He began his career as an Insurance Compliance Analyst at Wolters Kluwer Financial Services from 2008 to 2010. He then served as a Senior Regulatory Analyst at Travelers from 2010 to 2012. Following this, he worked at HAI Group as a Product and Compliance Analyst from 2012 to 2013, and at AXIS Capital as a Senior Product Analyst from 2013 to 2016. This progression has equipped him with a comprehensive understanding of the insurance industry.
Education and Expertise
Michael Sternberg earned his Juris Doctor (JD) from the UNH Franklin Pierce School of Law, where he studied from 2003 to 2006. He also holds a Bachelor of Arts (BA) in Sociology from the University of New Hampshire, completed between 1998 and 2002. His educational background supports his expertise in insurance law, regulatory compliance, and market conduct, including knowledge of the Holding Company Act and Audit Rule.
Specializations and Skills
Michael Sternberg specializes in property and casualty insurance products, including both admitted and surplus lines insurance. He has experience with Lloyds of London and is knowledgeable about the Holding Company Act and Audit Rule, including Forms B, C, D, F, and CGAD. Additionally, he reviews marketing materials for compliance, ensuring that all communications adhere to regulatory standards.