AXIS Capital Holdings Limited, a global specialty underwriter and provider of re/insurance solutions, has launched AXIS Capacity Solutions, a new business unit dedicated to developing and supporting structured and multi-line portfolio capacity deals on both a facilitated and delegated basis.
Murie brings nearly two decades of industry experience, including 11 years at AXIS, most recently serving as Global Head of Underwriting Governance & Execution and Chief of Staff to the Group CUO.
Before joining AXIS, Murie held managerial roles at Aviva and Towergate Insurance.
Vince Tizzio, President and CEO of AXIS, said, “The creation of AXIS Capacity Solutions is designed to support our distribution partners while directly addressing an increasing trend across the Global specialty insurance market. Multi-line facilities are growing at a faster pace than the broader insurance market, reflecting a widening market share being placed through these structures, a trend that we expect will only increase.”
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Draper added, “Through AXIS Capacity Solutions we will work in tandem with our strategic partners to develop and source multi-line portfolio structures at scale, leveraging our expertise and global underwriting platform including our licensing footprint at Lloyd’s. In David, we have an excellent leader to guide AXIS Capital Solutions who brings a strong mix of experience spanning underwriting portfolio management, strategic sourcing and deal structuring, and regulatory and compliance acumen.”
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