Axis Insurance News

Canadian Broker Axis Insurance Gets Investment From PE Firm, Lee Equity Partners

Axis Insurance Managers Inc., the Vancouver-based independent specialty insurance brokerage, announced it has received a significant growth investment from Lee Equity Partners LLC, a middle market private equity firm that specializes in the financial services and healthcare industries. The partnership …

Home-Based Businesses Carry Risks, Rewards – and Insurance Industry Opportunities

The world of work is changing fast, with the pull of the digital revolution and the push of the pandemic shifting mindsets and introducing far greater flexibility to how we organize our working lives. In the two years since the …

Insurer Looks to Close Insurance Gap for Home-Based Businesses

It seems more and more budding entrepreneurs have followed the allure of starting a home-based business, so much so that it is estimated that half of the 30 million small businesses in the U.S. are home-based. AXIS Insurance identified these …

AXIS Insurance Enters North American Pet Insurance Market With MGU Petplan

AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced it has entered the pet insurance market via its Accident and Health unit through a strategic relationship with managing general underwriter Petplan. AXIS Insurance will provide underwriting …

People Moves: D&O MGA Tegron Names Tokio Marine’s Shergill Sr U/W; AXIS Financial Institutions Hires 3 for London Team; Aon Re’s Russell Is Casualty Treaty U/W at Atrium

D&O Insurer Tegron Names Tokio Marine’s Shergill as Senior U/W Tegron Specialty, the Beat Capital backed D&O underwriting specialist, announced the appointment of Kiran Shergill as senior underwriter. Shergill will report to Ray Pallett, CUO, and assumes her role with …

People Moves: AIG CEO Zaffino Adds Chairman Role; C&F Names Sussman President of Credit; CRC’s Dadi Joins AXIS

AIG Zaffino Named Chairman as Duperreault to Retire American International Group announced that Peter Zaffino, president and chief executive officer, will assume the additional role of chairman of the board of directors, effective January 1, 2022. As previously announced, Brian …

People Moves: Aon’s Bonner to TigerRisk; Trivitt Promoted at AXIS, RSA’s Birre Julvécourt to BHSI in France

This wrap-up of international People Moves details recent appointments at TigerRisk Partners (which is launching a global trade credit, surety and political risk business); AXIS Insurance, and Berkshire Hathaway Specialty Insurance (which has launched a full line of marine insurance …

AXIS Partners with Elpha Secure to Provide Cyber Security for Small Businesses Globally

AXIS Insurance, the specialty insurance business segment of Bermuda-based AXIS Capital Holdings Ltd., has formed a strategic partnership with cyber security company Elpha Secure. Cyber insurance and software protection will be offered to small businesses globally to help improve their …

AXIS Insurance Hires Aon’s Boswell Brown, Aviva’s Whelan as Renewable Energy U/Ws

AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the hiring of two additional underwriters within its global Renewable Energy business. Nicholas Boswell Brown and Claire Whelan will join AXIS in April as renewable energy underwriters …

Markets/Coverages: Slice Labs, AXIS Insurance to Offer Home Based Business Coverage

Slice Labs Inc. and AXIS Insurance have partnered to distribute AXIS Home Based Business insurance, an on-demand digital commercial insurance product designed for home businesses not covered by traditional homeowners insurance policies. AXIS Insurance is the specialty insurance business segment …