AXIS Capital launches inland marine unit

AXIS Capital launches inland marine unit | Insurance coverage Enterprise America

Marine professional joins to guide the brand new enterprise

AXIS Capital launches inland marine unit

AXIS Capital Holdings has introduced enlargement plans in North America with the launch of a brand new inland marine unit. This strategic transfer goals to reinforce the corporate’s specialty product providing and total capabilities within the area.

Taking cost of the brand new unit is Kristen Hunter (pictured above), who assumes the position of head of inland marine, North America. Hunter will report back to Mike McKenna, head of North America at AXIS.

“Kristen is a extremely proficient and confirmed chief who has the specialty underwriting acumen and portfolio administration expertise to launch, develop, and profitably develop our new North American inland marine enterprise unit,” McKenna stated. “The launch of this unit speaks to the precedence AXIS continues to put on rising our international product capabilities and investing in our US platform to fulfill the rising wants and alternatives that we’re seeing within the market.”

Hunter beforehand served as vice chairman of marine and inland marine unit chief at Berkshire Hathaway. Previous to her tenure at Berkshire Hathaway, she held senior underwriting positions in inland marine at firms corresponding to Brit, XL Catlin, Hiscox, and Fireman’s Fund Insurance coverage Firm.

Becoming a member of Hunter are Ciara Nolan, Sinead O’Shea, and Saoirse McNulty, who will assume underwriting roles inside the newly shaped group. All three professionals had been beforehand a part of Hunter’s group at Berkshire Hathaway. Whereas Nolan will probably be based mostly within the AXIS New York workplace, the remainder of the group will probably be positioned in Boston.

Final month, AXIS Capital introduced the appointment of Lori Bailey as its head of cyber and expertise. AXIS additionally just lately introduced the appointment of Rebecca O’Kill as its chief knowledge and analytics officer.

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