AXIS shakes up insurance leadership, nabs Hartford veteran to replace CEO Wilson

AXIS Capital will bring in a veteran of specialty lines from The Hartford to replace its current insurance segment chief Peter Wilson by mid-year 2022.

Vincent Tizzio (pictured) has already come on board as a non-executive senior advisor for insurance strategy to group CEO Albert Benchimol with a seat on the executive committee. Tizzio will proceed to the CEO seat at AXIS Insurance on June 1, 2022.

Tizzio comes to AXIS from a post as executive vice president and head of global specialty at The Hartford and, prior to that, as CEO of US-based Navigators Management Company until its acquisition by The Hartford.

Wilson will hang on in an advisory role from the transition in June through his contractual deadline at year-end. Wilson will receive continued vesting of his outstanding equity awards that remain unvested as of his separation date.

“Vince is a highly accomplished leader with deep and varied expertise in specialty insurance. He has a proven track record of driving profitable business results and delivering value to his core stakeholders – and he is a people leader who builds strong organizational cultures. He will be a great asset to our company and to our customers,” CEO Benchimol said.

Tizzio said: “ AXIS Insurance has a deeply respected brand and one that is known for expertise, integrity and client service. I couldn’t be more excited to be part of the organization.”

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