Reinsurance News

Michael Carr to lead AXIS Insurance’s U.S. E&S Property unit

7th April 2020 - Author: Luke Gallin

AXIS Insurance, a division of Bermuda-based insurer and reinsurer AXIS Capital Holdings Limited, has appointed Michael Carr as Head of U.S. Excess & Surplus (E&S) Property, based in the firm’s Alpharetta, Georgia, office.

Michael-CarrIn his new role, Carr takes responsibility for the development and execution of the company’s E&S Property underwriting strategy, achieving profitable growth, and the quality and diversification of its underwriting portfolio.

He will report to the Chief Executive Officer (CEO) of AXIS Insurance’s U.S. Division, Carlton Maner.

Carr joins AXIS Insurance from Ethos Specialty Insurance Services, where he served as Executive Vice President and Head of Property. Previously, he served as a Senior Vice President in the E&S Property unit at Liberty International Underwriters. He has also held positions with Max Specialty and Crum & Foster, as well as with ACE USA and AIG.

Commenting on the appointment, Maner said: “Michael is a highly respected Property underwriter and a talented insurance leader. He brings extensive experience and knowledge in the U.S. E&S Property market, along with a proven ability to develop fresh solutions to help address client needs.

“Michael possesses the right mix of entrepreneurial spirit, underwriting discipline and a growth mindset that will be invaluable as we continue to grow this important part of our business.”

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