Axa XL
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Jason Mandik, Sandra Clarke and Jessica Carpita take up new roles within the business.
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Hawkins was head of retail distribution at AIG, having joined the insurance giant in 2019, where he was a managing director.
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Alex Barker returns to the carrier after a spell working as an aviation insurance broker at Marsh.
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The executive replaces Urs Uhlmann, who left the company in October.
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Rose Hall will be tasked with driving construction clients’ adoption of technology.
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The US carrier has offloaded a tranche of liability business written out of London.
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The underwriting agreement between the two companies will end on December 31. -
The money will be split between 4,400 people, including survivors and the families of those who lost their lives.
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Axis Capital and Argo Group shares jumped nearly 5%, while shares in Arch, Travelers and Alleghany were all up more than 3%.
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The carrier has also appointed Bob Peretti as chief distribution officer and Jim DiVirgilio as claims officer for the region.
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Underwriters in the cyber insurance market are anticipating a major payout following a ransomware attack on US technology and consulting company Cognizant.
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The deal marks the MGA’s first foray into assuming underwriting risk.
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