Reinsurance News

AXIS Capital makes two key leadership appointments

9th May 2023 - Author: Jack Willard

AXIS Capital, a global specialty underwriter and provider of re/insurance solutions has appointed Mark Gregory as Head of Global Markets and Michael J. McKenna as Head of North America.

axis-capital-logoBoth appointees will report directly to Vince Tizzio, President and CEO of AXIS.

In his new role as Head of Global Markets, Gregory, who previously served as CEO, International Division, will oversee underwriting and business growth strategies for the AXIS’ International Retail business lines (EMEA/APAC/LatAm), as well as its Global Practices, which includes Cyber and A&H insurance.

“Mark is a proven leader with an expansive understanding of the global specialty and retail markets and a demonstrated record of success that includes growing our International Division to be among the top performers in the London and Lloyd’s marketplace,” commented Tizzio.

Moreover, in his new role, McKenna will have oversight of underwriting and business growth strategies for the AXIS’ North America Wholesale and Retail businesses. Additionally, Global Distribution (Insurance) and Digital will also report to him.

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Before he joined AXIS, McKenna held CUO roles with Falvey Insurance Group, The Hartford (Global Specialty Division), and Navigators (US Insurance Segment), and served as Senior Vice President of the Specialty Reinsurance Division at Aon Benfield.

“Mike is an excellent leader with deep underwriting acumen, who has successfully guided specialty underwriting functions at high caliber organizations while creating, implementing, and executing strategies that have delivered sustainable profitable growth businesses,” added Tizzio.

He continued: “Mark and Mike are exceptional leaders who embody our focus on underwriting and operational excellence. Their leadership will be essential as we help AXIS realize its full potential as a specialty underwriter that consistently delivers profitable results to our shareholders, and value to our customers.

“To achieve this, we’re tapping into our heritage as a high performing underwriting company known for the knowledge and subject-matter expertise of our people, as well as the high level of service that we provide to our customers,”

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