Bermudian insurer and reinsurer, AXIS Capital Holdings Limited, has established a new division dedicated to servicing the wholesale market, which will be led by Carlton Maner as Chief Executive Officer (CEO) of AXIS Wholesale.
The new unit brings together AXIS teams and personnel alongside additional personnel dedicated to the Wholesale operation, with future products to be rolled out in the coming months.
Specifically, AXIS Wholesale will include the following existing business units: E&S Property; Primary Casualty & Excess Casualty; Programs; Design Professionals & Environmental; Wholesale broker-produced Commercial Management Solutions (CMS); and Wholesale broker-produced Financial Institutions.
The appointment of Maner expands his prior responsibilities as CEO of the U.S. Division, and sees him report directly to Vincent Tizzio, CEO of AXIS Specialty Insurance and Reinsurance.
At the same time, AXIS has appointed a number of executives to new roles, this includes: Doug Wordekemper as AXIS Wholesale Head of Financial Lines, reporting to Maner; Nathan Fisk as AXIS Wholesale CMS Unit Leader, reporting to Wordekemper; and Christina Geller as AXIS Wholesale FI Unit Leader, also reporting to Wordekemper.
Maner commented: “AXIS has operated in the wholesale space since our inception, and with the launch of AXIS Wholesale we’re leaning into what we do best. Through the new Wholesale division, we’re introducing dedicated teams and resources focused specifically on the wholesale channel. This speaks to our ambition to grow profitably with our customers as we introduce new products and services designed directly to meet their needs.”
Tizzio added: “The creation of our dedicated Wholesale division aligns directly with our company-wide focus on advancing our existing leadership position in specialty.
“It reflects our deep commitment to the wholesale channel and our focus on delivering great service to our customers while enabling them to leverage the full strength and breadth of our global platform.”