AXIS Capital Holdings Limited has announced significant changes in its senior leadership within the global markets division, aimed at enhancing underwriting effectiveness and operational performance across its specialty insurance lines. The restructuring reflects the company’s commitment to improving collaboration across key business areas while strengthening leadership within underwriting and operations teams.
Sara Farrup, head of global markets, stated, “As part of AXIS’s commitment to continual progress and leadership in specialty, we are aligning several of our Global Markets teams where we see clear pathways to work more collaboratively and effectively together.” She added that this realignment has created opportunities for promotion and expanded responsibilities, demonstrating the underwriting and leadership capabilities within the business.
Key Leadership Changes
The new structure includes the promotion of Sarah Stephen to head of liability, overseeing the General Liability and International Casualty MGA teams based in London. She will report to Dax Gulmohamed, who has taken on additional responsibilities, including oversight of all Global Markets Liability, Professional Lines, and his role as CEO of AXIS Specialty Europe SE.
Gulmohamed and John Owen, head of specialty, will now report directly to Rory MacGregor, head of underwriting for global markets, providing more unified oversight across underwriting operations. The UK Property binder team will operate under the global markets property division, led by Steve Cross.
Other changes include the promotion of Raj Brar to head of construction, global markets, succeeding Anna Woolley, who is leaving the company later this year. Sam Patrick has been appointed to the newly created role of head of global markets transformation, focusing on operational efficiency, underwriting practices, and product innovation.
A recruitment process is underway for the head of delegated strategy, who will oversee coverholder and MGA business within the global markets division.
Farrup noted that these changes will advance AXIS’s strategic priorities and enhance its ability to deliver for customers in a dynamic marketplace. By realigning talent to improve collaboration and operational performance within Global Markets, AXIS aims to be a leader in its chosen specialty markets.
