AXIS Re, a division of Bermuda-based AXIS Capital Holdings Limited, has named Megan Thomas as its Chief Underwriting Officer (CUO), based in New York and reporting directly to Steve Arora, AXIS Re’s Chief Executive Officer (CEO).
In her new role, Thomas will join the reinsurance leadership team, and will assume responsibility for product and portfolio management within AXIS Re.
“Megan is a unique leader grounded in industry fundamentals while also forward-looking on the evolving industry and risk landscape. She is a proven CUO who brings deep underwriting experience across multiple global markets.
“We are excited to welcome her to the leadership team and confident that she will play an important role as we grow a leadership position in the reinsurance market,” said Arora.
She joins the firm from AIG, where she spent 12 years, and where she advanced to take on a number of CUO positions while working in the firm’s Bermuda and New York offices. She most recently served as Global CUO of Liability Lines in New York, and before this held the dual position of CUO and Head of AIG Cat Excess Liability, based in Bermuda.
Thomas, commented on her new role: “I’m excited to join AXIS Re during this pivotal time as the business cements a leadership position in the reinsurance space. I believe in the vision and capabilities and I’m looking forward to being part of a strong team and an organization that shares my passion for both the art and science of underwriting. I was also drawn to the Company’s strong corporate values and its focus on creating a positive societal impact.”
Thomas has been appointed to a newly created role, designed to work alongside CUO responsibilities within AXIS Re that fall to regional business leaders in Bermuda, London and APAC, Europe, and the U.S.
