Simona Fumagalli
About Simona Fumagalli
Simona Fumagalli serves as the Head of International Financial Lines Europe at Axa XL, where she has worked since 2019. With extensive experience in the insurance industry, she has held various roles at companies such as Zurich Insurance Company and Marsh, focusing on professional indemnity and financial lines.
Current Role at AXA XL
Simona Fumagalli serves as the Head of International Financial Lines Europe at AXA XL, a division of AXA. She has held this position since 2019 and operates from the Milan Area, Italy. In her role, she focuses on overseeing financial lines across multiple countries, contributing to the strategic direction and growth of the business unit.
Previous Experience in Insurance
Prior to her current role, Simona Fumagalli worked at XL Catlin as the Chief Underwriting Officer for Professional Indemnity in International Financial Lines from 2014 to 2024. She also held various positions at Zurich Insurance Company Ltd, including Chief Underwriting Officer for Professional Liability Gi Europe and Global Professional Liability Product Underwriter. Additionally, she worked at Zurich North America, where she served as Head of Professional Indemnity and Senior Technical Underwriter.
Education and Expertise
Simona Fumagalli studied at Liceo Classico Parini from 1990 to 1995, followed by a Bachelor's degree in International Economics from Università Bocconi, which she completed from 1995 to 2000. Her educational background provides a strong foundation for her expertise in financial lines and underwriting within the insurance industry.
Professional Relationships and Contributions
In her various roles, Simona Fumagalli has been instrumental in supporting profitable growth in Financial Lines across multiple countries. She strengthens relationships with actuarial teams to enhance business strategies, ensuring alignment between underwriting practices and overall business objectives.
Career Timeline
Simona Fumagalli's career spans over two decades in the insurance industry. She began her career at Marsh as a Client Executive in Risk Financing from 2001 to 2003. Following this, she held several positions at Zurich Insurance Company Ltd and Zurich North America before joining XL Catlin in 2014 and subsequently AXA XL in 2019.