Axis Capital

Eric Seyfried and Glen Manjos are also departing Axis’ cyber and tech unit.

The increase in business and leisure travel – plus niche travel, such as for cosmetic procedures – is driving increased demand for travel insurance, said Guy Bonwick, Head of Global Specialty Accident and Health at AXIS.

The changes are aimed at improving underwriting and operational performance.

Markel International has also hired senior underwriter Keely Madden.

The headcount at the start-up now stands at around 40.

Primary and excess casualty in the US saw double-digit rate growth and remained above loss trends in Q1.

The Bermudian reported net pre-tax cat losses of $49mn, with $32mn attributable to the California wildfires.

The carrier has moved to hire in the fine art and specie line after the exit of Mark Benbow.

Anna Woolley, Head of Construction for AXIS Global Markets, discusses how they’re tackling the challenges of mega projects, sustainability, and evolving risks in the construction insurance sector.

The cyber insurance market is poised for growth in 2025, but staying competitive requires innovation and adaptability to new risks. Andy Maher, head of cyber & technology, London, for AXIS, shares insights on industry trends and challenges ahead.

The executive has also worked for Guy Carpenter during her 20-year career.

The carrier’s Q4 CoR decreased 34.8 pts YoY to 94.2% as it reported favorable prior-year reserve development.