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25 February 2018

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Axis to fully merge in Novae as deal completes

Catrin Shi 18 October 2017

Axis has unveiled a new structure that will see Novae businesses fully absorbed into their new parent company following the completion of its £477.6mn ($631.1mn) takeover deal.

In a statement announcing completion today, Axis said Novae would adopt the Axis brand and its insurance business would be merged into Axis' international insurance division, which is led by CEO Mark Gregory.

Gregory will continue to report to Pete Wilson, CEO of Axis Insurance.

Axis Insurance international CUO Alistair Robson becomes P&a...

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