Bermuda-based insurer and reinsurer AXIS Capital Holdings Limited has expanded Dan Draper’s role to include serving as the Head of AXIS Re and has appointed Ann Haugh to the newly created role of Group Chief Operations Officer (COO).
The appointments are part of a planned succession and leadership development process. The pair will continue to report directly to Vince Tizzio, President and Chief Executive Officer (CEO), AXIS and sit on the firm’s Executive Committee.
Draper currently serves as the Group Chief Underwriting Officer of AXIS and will remain based in London. In his new role, he will oversee AXIS’ global specialty reinsurance business.
Additionally, Draper will now assume responsibility for the re/inusrer’s AXIS ILS Unit and will continue to oversee its AXIS Capacity Solutions capability.
AXIS’ Reserving and Capital Modeling functions, which had previously reported to Draper, will now become part of the CFO organisation.
Meanwhile, Haugh will continue to be based in New York and, in her new role, drive operational excellence and transformation across the enterprise.
Since June 2022, she has served as CEO of AXIS Re. This appointment follows the sustained positive impact on AXIS’ operations and productivity driven by its “How We Work” programme, which Haugh has led since its launch in 2023.
Lastly, Lauren Kent has been promoted to the newly created position of Head of Global Casualty and Specialty, reporting directly to Draper.
Tizzio commented, “We are proud to announce Ann and Dan’s new appointments. Both are exceptional leaders who have played pivotal roles in driving the positive transformation of AXIS into a top global specialty underwriter.
“With these organisational changes that we’ve announced today, we are further adapting our business to succeed in the current, dynamic risk environment while simplifying and harmonising our operations to enhance our effectiveness and efficiency.”
