+ Target incentive compensation
More locations: Short Hills, Millburn, NJ, USA | Princeton, NJ, USA | New York, NY, USA
Hybrid work model; travel is associated with team management, court proceedings, mediations, and settlements.
Axis Capital operates as a global specialty lines insurer and reinsurer. It provides tailored insurance and reinsurance solutions to clients across various industries, leveraging its expertise in specialty lines to deliver comprehensive coverage. The company works by offering customized risk-transfer products through a global network of 19 offices and strategic partnerships, supported by strong financial strength and high credit ratings to manage risk effectively. Its differentiators include a solid balance sheet, durable financial ratings, and a global presence that enables it to serve a diverse client base and adapt to market changes. The goal is to provide reliable, customized risk solutions for clients worldwide while maintaining financial stability and building strategic partnerships to navigate evolving market conditions.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Hamilton, Texas
Founded
2001
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Insurance moves: AXIS, Sedgwick, Lumos, InsurBanc, Arcadian and William Blair. They include a new CEO and a new managing director 22 Sep 2026 Several insurance and financial services organizations announced leadership changes this week, spanning banking, casualty underwriting, claims administration, specialty MGA expansion and investment banking. AXIS Capital makes two casualty leadership appointments. AXIS Capital has hired Kyle Sternadori (pictured, left) as head of US excess casualty and expanded Mike Flaherty's role to chief underwriting officer for wholesale casualty, both effective September 22. Sternadori joins with more than 20 years of casualty underwriting and leadership experience and will lead the strategic direction, underwriting performance and market development of AXIS's excess casualty business. Flaherty, who has been with AXIS throughout his career, takes on expanded responsibility for underwriting governance, product strategy, portfolio oversight and execution across the wholesale casualty platform. Both report to Anna Tan, head of wholesale casualty. Two senior appointments in AXIS's wholesale casualty leadership in the same week, one an external hire to lead excess casualty and one an expanded internal mandate, together signal a deliberate push to scale that specific book rather than simply maintain it. Wholesale brokers placing excess casualty risk should expect more proactive engagement from AXIS on appetite and capacity, and may find this a reasonable moment to test submissions that have previously been difficult to place. Sedgwick adds a former Allstate general counsel as its global chief legal officer. Sedgwick has appointed Courtney Welton (pictured, center) as global chief legal officer, general counsel and corporate secretary. Welton joins from Allstate, where she served as senior vice president, general counsel and chief ethics, privacy and compliance officer, with prior senior legal roles at Motorola Mobility, Google and Lenovo, and she began her legal career at Skadden. At Sedgwick, she will lead legal strategy, governance, regulatory compliance and risk management, and will also oversee responsible AI governance. Sedgwick handles claims administration for a significant portion of the US P&C market, meaning a new chief legal officer shaping its AI governance and compliance posture can have downstream effects on how claims are processed, documented and contested. Brokers whose clients rely on Sedgwick as a third-party administrator should note that Welton's explicit mandate includes advancing responsible AI governance, a priority that will increasingly affect how automated claims decisions get made and reviewed. Lumos Insurance hires a London market specialist. Lumos Insurance has named Ian Meadows (pictured, right) senior vice president and managing director for global property casualty and specialty insurance. Meadows joins from Alvarez & Marsal, where he was head of global specialty and commercial insurance, with prior experience as a partner in EY's specialty practice and as co-founder and board director of Insurwave, a digital platform connecting specialty marine and aviation clients with insurers. He will be based in London and lead the growth of Lumos's property and casualty business, which currently centers on credit, warranty and property risks. Lumos's 45-year history serving banks, credit unions and specialty lenders gives it a distribution network of more than 1,500 US partners, and Meadows's appointment signals it intends to offer those partners P&C and specialty capacity alongside existing credit protection products. Brokers working with lender or financial institution clients may want to watch how Lumos's P&C platform develops, particularly around credit and specialty property risks where its existing relationships create a ready-made distribution channel. InsurBanc names a new president and CEO. InsurBanc has appointed Lou Garcia as president and chief executive officer, succeeding David Tralka, who moves into the role of board chairman. Garcia brings more than 25 years of experience in investment banking, alternative asset management and financial services, having previously held vice president roles at Donaldson, Lufkin and Jenrette and JH Whitney & Co., alongside a role as partner and chief operating officer at Addison Clark Management and managing director at CBAM Partners. Garcia said he intends to build on InsurBanc's track record serving the independent agency community. "I look forward to building on InsurBanc's momentum and contributing to its continued success," Garcia said, adding that he plans to attend industry events in the coming months to meet customers in person. Garcia's investment banking and private equity background suggests a leader oriented toward growth financing and ownership transition deals rather than purely conservative lending, which may be relevant for agency owners considering acquisition financing or planning a sale to a next generation of principals. Arcadian enters US enterprise casualty market with a senior hire from Markel. Arcadian Risk Capital has appointed Matthew Mullen as executive vice president to lead its expansion into the US enterprise casualty market. Mullen joins from Markel, where he served as managing director of specialty insurance, with prior roles at Alterra, XL and Munich Re. Based in New York, he will develop Arcadian's presence in enterprise risk across retail distribution channels, structured as excess coverage spread across multiple risk sectors. Arcadian has secured multi-year underwriting capacity to support the launch. Arcadian is entering the US enterprise casualty market with a named, experienced underwriter and confirmed multi-year capacity, which gives retail brokers working on large, complex casualty accounts a new market to approach with submissions. Mullen's 35 years of experience and his stated focus on longstanding broker relationships suggests this is a market worth testing directly rather than waiting for a broader rollout. William Blair adds an insurance M&A banker from Galway and EPIC. William Blair has added William Nay as a managing director in its financial services investment banking team, based in Atlanta. Nay most recently served as chief acquisition officer at Galway Holdings and EPIC Insurance Brokers & Consultants, and before that spent 16 years as an insurance sector banker at SunTrust Robinson Humphrey, now Truist, executing M&A and capital-raising transactions across insurance, insurtech and fintech companies. For agency owners and principals considering a sale, recapitalization or acquisition financing, William Blair's addition of a banker with direct experience as a corporate acquirer at both Galway and EPIC, two of the more active buyers in insurance distribution, gives the firm genuine operational credibility on both sides of these transactions rather than purely advisory experience. Nay's time as a corporate M&A officer means he understands the buyer's perspective in a way that purely sell-side bankers often don't.
AXIS names Flaherty as Wholesale Casualty CUO, Sternadori as Head of US Excess Casualty. Bermuda-based insurer and reinsurer, AXIS Capital Holdings Limited, has appointed Mike Flaherty as Chief Underwriting Officer (CUO), Wholesale Casualty, and Kyle Sternadori as Head of US Excess Casualty, effective 22 September, 2026. Sternadori is based in Short Hills, NJ, while Flaherty is based in Alpharetta, GA. The pair will report to Anna Tan, Head of Wholesale Casualty at AXIS. In his new role, Flaherty's duties have been expanded to include responsibility for underwriting governance, product strategy, portfolio oversight, and execution across the Wholesale Casualty platform. He will continue to work closely with leaders across AXIS to advance underwriting excellence, strengthen portfolio performance, and support sustainable growth. Mike McKenna, Head of North America, said, "Mike exemplifies the expertise, accountability, and commitment to excellence that define AXIS. Over the course of his career at AXIS, he has helped shape and strengthen our casualty business while building trusted relationships across the market. His expanded role reflects both his significant contributions to date and the importance of strong underwriting leadership as we continue to evolve our capabilities, invest in our talent, and deliver differentiated solutions for our partners." Meanwhile, Sternadori, in his new role, will lead the strategic direction, underwriting performance, and market development of the firm's Excess Casualty business. He joins AXIS with over two decades of casualty underwriting and leadership experience. Tan said, "Kyle's appointment reflects its commitment to investing in exceptional underwriting talent and strengthening its leadership position in the casualty market. He brings deep technical expertise, a strong track record of leading profitable businesses, and a thoughtful approach to developing teams and broker relationships. "As we continue to grow our Excess Casualty platform, Kyle's experience and leadership will help us pursue new, attractive market opportunities while maintaining the underwriting discipline central to our strategy." McKenna added, "The appointments of Kyle and Mike reflect AXIS' focus on advancing underwriting excellence and a strategic investment in the long-term growth of its Wholesale Casualty business in a dynamic risk environment. "These appointments further support our Company's ambition to be the leading specialty underwriter, powered by top talent, deep subject matter expertise, and a commitment to helping customers navigate risk with confidence." The post AXIS names Flaherty as Wholesale Casualty CUO, Sternadori as Head of US Excess Casualty appeared first on ReinsuranceNe.ws. Spread the love
AXIS appoints Kyle Sternadori as Head of US Excess Casualty and Mike Flaherty as Wholesale Casualty Chief Underwriting Officer. September 22, 2026 PEMBROKE, Bermuda, September 22, 2026 - AXIS Capital Holdings Limited ("AXIS Capital" or "AXIS") (NYSE: AXS) today announced the hiring of Kyle Sternadori as Head of US Excess Casualty and the appointment of Mike Flaherty as Chief Underwriting Officer, Wholesale Casualty as of September 22, 2026. Mr. Sternadori and Mr. Flaherty are based in Short Hills, NJ, and Alpharetta, GA, respectively, with both reporting to Anna Tan, Head of Wholesale Casualty. "The appointments of Kyle and Mike reflect AXIS' focus on advancing underwriting excellence and a strategic investment in the long-term growth of its Wholesale Casualty business in a dynamic risk environment," said Mike McKenna, Head of North America at AXIS. "These appointments further support our Company's ambition to be the leading specialty underwriter, powered by top talent, deep subject matter expertise, and a commitment to helping customers navigate risk with confidence." As Head of US Excess Casualty, Mr. Sternadori will lead the strategic direction, underwriting performance, and market development of the Company's Excess Casualty business. He joins AXIS with more than 20 years of casualty underwriting and leadership experience. "Kyle's appointment reflects our commitment to investing in exceptional underwriting talent and strengthening our leadership position in the casualty market," said Ms. Tan. "He brings deep technical expertise, a strong track record of leading profitable businesses, and a thoughtful approach to developing teams and broker relationships. As we continue to grow our Excess Casualty platform, Kyle's experience and leadership will help us pursue new, attractive market opportunities while maintaining the underwriting discipline central to our strategy." As Chief Underwriting Officer, Wholesale Casualty, Mr. Flaherty's role has been expanded to include responsibility for underwriting governance, product strategy, portfolio oversight, and execution across the Wholesale Casualty platform. He will continue to work closely with leaders across AXIS to advance underwriting excellence, strengthen portfolio performance, and support sustainable growth. "Mike exemplifies the expertise, accountability, and commitment to excellence that define AXIS," said Mr. McKenna. "Over the course of his career at AXIS, he has helped shape and strengthen our casualty business while building trusted relationships across the market. His expanded role reflects both his significant contributions to date and the importance of strong underwriting leadership as we continue to evolve our capabilities, invest in our talent, and deliver differentiated solutions for our partners." About AXIS Capital AXIS Capital, through its operating subsidiaries, is a global specialty underwriter and provider of insurance and reinsurance solutions. The Company has shareholders' equity of $6.5 billion as of June 30, 2026, and locations in Bermuda, the United States, Europe, Singapore, and Canada. Its operating subsidiaries have been assigned a financial strength rating of "A+" ("Strong") by Standard & Poor's and "A" ("Excellent") by A.M. Best. For more information about AXIS Capital, visit its website at www.axiscapital.com. Investor Contact Cliff Gallant AXIS Capital Holdings Limited [email protected] +1 415 262 6843 Media Contact Mairi MacDonald AXIS Capital Holdings Limited [email protected] +44 207 877 3809
AXIS Capital: appoints Jim Rhyner to its lead North american Financial Lines, Programs, and Canada businesses. Pembroke, Bermuda, August 19, 2026-AXIS Capital Holdings Limited ("AXIS Capital" or "AXIS" or the "Company") (NYSE: AXS) today announced the appointment of Jim Rhyner as Head of North America Financial Lines, Programs, and Canada, effective August 31. He will report to Head of North America Mike McKenna, and work out of the Company's Short Hills, NJ office. Mr. Rhyner joins AXIS from The Hartford, where he most recently served as Global Head of Financial Lines with previous leadership roles across Navigators, Chubb, Avreco, and AIG. He succeeds John Van Decker, following a planned leadership transition with Mr. Van Decker retiring from AXIS following a career that spanned more than four decades, including 15 years with AXIS. In his new role at AXIS, Mr. Rhyner will further develop and execute the strategy for businesses under his remit, supporting the continued growth and diversification of AXIS' insurance portfolio. He will also lead the team in deepening relationships with brokers, clients, and other key stakeholders while advancing innovation and delivering differentiated specialty solutions. "Jim is a well-respected leader within our industry with an established reputation for leading high-performing teams," said Mr. McKenna. "He brings deep knowledge and perspective in the global financial lines space and his leadership will be invaluable as we continue to elevate how we service our partners and customers. His extensive experience and demonstrated expertise make him a natural successor to John Van Decker - and we are grateful to John for all he has contributed to AXIS over his accomplished career with our company and in the industry." About AXIS Capital AXIS Capital, through its operating subsidiaries, is a global specialty underwriter and provider of insurance and reinsurance solutions. The Company has shareholders' equity of $6.5 billion as of June 30, 2026, and locations in Bermuda, the United States, Europe, Singapore, and Canada. Its operating subsidiaries have been assigned a financial strength rating of "A+" ("Strong") by Standard & Poor's and "A" ("Excellent") by A.M. Best. For more information about AXIS Capital, visit its website at https://www.axiscapital.com. Investor Contact Cliff Gallant AXIS Capital Holdings Limited [email protected] +1 415 262 6843 Media Contact Mairi MacDonald AXIS Capital Holdings Limited [email protected] +44 207 877 3809
Axis acquires rights to Dual North America excess liability business. * by Gavin Souter Axis Capital said Wednesday it has agreed to acquire the renewal rights to the excess liability business of Dual North America, a Howden-owned managing general agent. Terms of the transaction were not disclosed. As part of the deal, John Kopach, executive vice president of Dual excess liability, will join Axis as head of wholesale lower middle market, succeeding Britt Smith, who recently retired. He will report to Mike McKenna, Axis' head of North America. The transaction "positions Dual to double down on the parts of our casualty business where we see the clearest path to lead" while giving the excess liability portfolio "a strong home to keep building on what's been achieved," Ed Ashby, CEO of Dual North America, said in a statement. The acquisition deepens an existing relationship between the companies. Earlier this year, Axis expanded its partnership with Dual North America to increase capacity for the MGA's surety program, and the companies said they have worked together for many years. In June, Dual increased deployable capacity for the excess casualty business to $10 million through a new partnership with Inigo Insurance. Dual declined to comment further on the Axis deal. For Axis, the transaction follows its agreement last year to acquire the renewal rights to part of Markel's U.S. large financial institutions professional liability portfolio. August 6, 2026 August 5, 2026