AXIS Capital Holdings Limited, a global specialty underwriter and provider of re/insurance solutions, has announced the appointment of Megan Watt as Chief Claims Officer.
Based in New York, Watt will start her new role on April 17, 2023, and will report directly to Vince Tizzio, CEO Specialty Insurance and Reinsurance, and future Group CEO.
She will be responsible for the overall management and direction of the claims department across the AXIS Capital global portfolio. She will also lead the evaluation, design, and implementation of claims policies and procedures.
Commenting on her appointment, Watt said: “I couldn’t be more excited to join AXIS and become part of a strong global team that is already recognized within the industry for its superior claims handling.
“AXIS is a specialty insurance leader that stands apart for its ability to help customers navigate dynamic risk environments, and the Company’s values-driven culture and customer-centric approach resonate very deeply with me.”
Watt joins AXIS from Chubb where she was most recently the Head of North America Complex Claims. Previously, she served as Chief Claims Officer for Everest, and prior to that, held claims leadership roles with increasing levels of responsibility at AIG.
“Megan is an exciting addition to our team – a world class Claims leader with an established record of success leading P&C commercial claims organisations with diverse, complex operating environments,” said Tizzio.
“In addition, Megan brings demonstrated experience and a proven ability to foster a deep, subject matter expert claims organisation that is data driven, mindful of operational effectiveness, and customer responsive.”