AXIS charts waters with new inland marine unit led by Berkshire experts
Re/insurer AXIS Capital Holdings has launched a new North American inland marine unit led by a senior hire from Berkshire Hathaway, with a background at Brit, XL Catlin, Hiscox, and Fireman’s Fund.
The move is part of the company’s expansion of its specialty product offering and capabilities in the region.
The new unit will be led by Kristen Hunter, who joins AXIS as head of inland marine, North America, reporting to Mike McKenna, head of North America, AXIS.
Hunter will be joined by Ciara Nolan, Sinead O’Shea, and Saoirse McNulty, who will serve in underwriting roles in the new team, and who were previously part of her team at Berkshire Hathaway. All will be based in Boston, other than Nolan who will be based in the AXIS New York office.
Previously Hunter worked at Berkshire Hathaway where she was vice president, marine, and inland marine unit leader. Prior to that, she held senior underwriting roles in inland marine at Brit, XL Catlin, Hiscox, and Fireman’s Fund Insurance Company.
“Kristen is a highly talented and proven leader who has the specialty underwriting acumen and portfolio management experience to launch, develop, and profitably grow our new North American Inland Marine business unit,” said McKenna.
“The launch of this unit speaks to the priority AXIS continues to place on growing our global product capabilities and investing in our US platform to meet the emerging needs and opportunities that we are seeing in the marketplace.”
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