AXIS Capital Holdings Limited Launches Enterprise-Wide Global Underwriting and Analytics Unit; Announces Executive Appointments
January 23, 2018 at 11:30 am EST
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AXIS Capital Holdings Limited is launching an enterprise-wide Global Underwriting and Analytics unit (GUA). GUA will partner with AXIS' underwriting, claims, and actuarial teams within the business segments, arming them with greater insights, resources, and tools to deliver even more value and services to clients and distribution partners. This will include leveraging enhanced data and analytics capabilities to help inform decision-making, intelligently applying InsurTech, as well as optimizing group portfolio management and capital allocation.
The company named Eric Gesick as Group Chief Underwriting Officer. Mr. Gesick, who currently serves as Chief Risk and Actuarial Officer, will continue to report to Mr. Benchimol and serve on the Company's Executive Committee. He has been a member of AXIS' management team since joining the Company in 2012. His current responsibilities will be handled by Daniel Draper, who has been promoted to Chief Actuary, and Carol Collins, who has been appointed Chief Risk Officer. Both will report to Peter Vogt, Chief Financial Officer. Mr. Draper and Ms. Collins currently serve as Chief Risk Analytics Officer and Head of Risk Governance, respectively. The company also announced that Meghan Anzelc, Ph.D., has been promoted to Chief Analytics Officer, reporting to Mr. Gesick. Dr. Anzelc, who is currently Head of Data and Analytics for the Company's insurance business, has expanded her role to include guiding the growth of a global Data and Analytics Center of Excellence.
AXIS Capital Holdings Limited is a holding company. The Company, through its operating subsidiaries, is a global specialty underwriter and provider of insurance and reinsurance solutions with operations in Bermuda, the United States, Europe, Singapore and Canada. Its underwriting operations are organized around its global underwriting platforms: AXIS Insurance and AXIS Re. The Company operates through two segments: insurance and reinsurance. The insurance segment offers specialty insurance products to a variety of niche markets on a worldwide basis. The product lines in this segment are professional lines, property, liability, cyber, marine and aviation, accident and health, and credit and political risk. The reinsurance segment provides treaty reinsurance to insurance companies on a worldwide basis. The product lines in this segment are liability, accident and health, professional lines, credit and surety, motor, agriculture, marine and aviation, catastrophe, property and engineering.