Sunday, November 27, 2022
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AXIS Capital names group underwriting chief


AXIS Capital names group underwriting chief

AXIS Capital Holdings has introduced the appointment of Dan Draper as group chief underwriting officer. Draper beforehand served as the corporate’s group head of underwriting. He’s based mostly in London. In his new position, he’ll be a part of the corporate’s government committee and can report back to Albert Benchimol, president and CEO of AXIS Capital.

“We have now great confidence in Dan – he’s a confirmed chief inside AXIS who has a longtime observe document of partnering with the enterprise to drive constant enchancment in portfolio high quality and underwriting efficiency over the previous a number of years,” Benchimol mentioned. “That is all a part of our broader technique to advance our management in specialty, develop profitably with our companions, and ship elevated worth to each our prospects and shareholders.”

In his new position, Draper will information the centralization of AXIS Capital’s underwriting analytics and help capabilities right into a single division that he’ll oversee. He will even associate with the corporate’s underwriting divisions on portfolio technique and governance, together with publicity administration, in addition to driving innovation in services and products for purchasers.

The appointment was one among a number of actions the corporate has introduced just lately.

Learn subsequent: AXIS Capital experiences drop in Q2 internet earnings

“The introduction of the brand new group chief underwriting officer group presents a possibility for AXIS to be extra agile, environment friendly, and related in our method to portfolio administration, pricing, information and analytics,” Benchimol mentioned.

“I’m trying ahead to partnering with the enterprise to construct on the numerous progress that we’ve made to strengthen the corporate’s portfolio and advance our management in specialty,” Draper mentioned. “I imagine we’ve solely begun to scratch the floor of what’s attainable for AXIS.”

Previous to taking his new position, Draper served for greater than two years as group head of underwriting. Earlier than that, he served as group chief danger and actuarial officer at VIBE. Earlier than becoming a member of VIBE, Draper spent eight years at AXIS in a variety of management roles. He has additionally held managerial positions on the Monetary Companies Authority, XL Capital, and EY.

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