AXIS to target US wholesale market for profitable growth
Bermuda-based re/insurer AXIS Capital Holdings has launched a new division under the leadership of Carlton Maner to target the US wholesale market.
AXIS Wholesale will include E&S property, primary casualty & excess casualty, programmes, design professionals & environmental, broker-produced commercial management solutions (CMS) and financial institutions (FI).
The division will be led by Maner who has been appointed as CEO of AXIS Wholesale, reporting directly to AXIS Specialty Insurance and Reinsurance CEO Vincent Tizzio. The appointment expands upon Maner’s prior responsibilities as CEO of the US division.
Additionally, Doug Wordekemper has been appointed to the new role of AXIS Wholesale head of financial lines, reporting to Maner; Nathan Fisk, as AXIS Wholesale CMS unit leader, and Christina Geller, as AXIS Wholesale FI unit leader, both reporting to Wordekemper.
Maner said: “AXIS has operated in the wholesale space since our inception, and with the launch of AXIS Wholesale we’re leaning into what we do best. Through the new Wholesale division, we’re introducing dedicated teams and resources focused specifically on the wholesale channel. This speaks to our ambition to grow profitably with our customers as we introduce new products and services designed directly to meet their needs.”
Tizzio commented: “The creation of our dedicated Wholesale division aligns directly with our company-wide focus on advancing our existing leadership position in specialty. It reflects our deep commitment to the wholesale channel and our focus on delivering great service to our customers while enabling them to leverage the full strength and breadth of our global platform.”
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