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Peter Vogt will act as a strategic advisor at Axis until the end of 2026. -
The CEO said the carrier will prioritise margin over top-line growth.
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The lawsuit is the latest development in the multi-billion dollar reinsurance scandal.
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Net adverse development for the quarter increased 30% year on year to $89.2mn.
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The executive has previously served on VCIA’s board of directors.
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The insurer said it expects to begin writing business by the end of the month.
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The executive joins from Coalition and brings more than 30 years of experience.
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In an interview, the firm’s CEO spoke about the CV deal, growth and its M&A pipeline.
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Property MGA Arden Insurance Services specialises in multi-family habitations.
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The company plans to launch in New York and New Jersey next year.
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