AXIS taps AIG's Bob Quane as head of underwriting and portfolio optimisation

Bermuda-based AXIS Capital Holdings has hired AIG's Robert “Bob” Quane as head of underwriting and portfolio optimisation.

This is a newly created role, wherein Quane will be responsible for leading the company’s group underwriting function, while working in partnership with its business segments. His job will include establishing and maintaining AXIS’ group-wide underwriting framework, guidelines and policies, in addition to overseeing its portfolio optimization process. Quane will also manage the company’s group-wide exposure-management and underwriting risk frameworks and chair its peril/product boards.

Quane joins AXIS following a 22-year career at AIG where he held several underwriting management and actuarial positions. Most recently, he was head of global commercial property at AIG, following time spent serving as the company’s head of global group personal insurance and chief operating officer for international personal lines.

Quane worked variously in AIG’s New York, Paris, London and Frankfurt offices, including roles as head of European commercial lines auto and head of regional risk management for UK and Ireland. He started his insurance career in actuarial roles for Allstate Insurance.

At AXIS, Quane will report to Eric Gesick, group chief underwriting officer at AXIS, and will be based in the company’s New York office.

“Bob is a proven global insurance leader with extensive underwriting experience spanning a range of business lines across multiple international markets,” said Gesick. "Working alongside the leadership in our business segments, Bob’s experience and expertise will be key to helping us shape and implement a more rigorous and disciplined approach to underwriting and underwriting risk management.”

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