AXIS shores up capital risk solutions team with new hires

AXIS shores up capital risk solutions team with new hires | Insurance Business New Zealand

AXIS shores up capital risk solutions team with new hires

AXIS Insurance, the specialty insurance segment of AXIS Capital Holdings, has appointed three new senior underwriters to its capital risk solutions (CRS) team, effective immediately.

Jim Parker and Richard Jelf have moved to London from Bermuda and Singapore, respectively, to grow the company's project finance and aircraft financial portfolios, strengthen existing relationships, and drive business growth.

Both senior underwriters have extensive knowledge of credit risk insurance and the ability to cultivate solid broker relationships, helping AXIS Insurance to quickly expand its credit risk insurance business in London while delivering quality service to clients.

Commenting on their appointment, Michael Silas, the head of CRS, said: “Their relocation to London better aligns our underwriting presence with growing requests for project finance loan protection. This is a critical part of our underwriting expertise and a demonstration of our continued commitment to supporting the energy transition to renewable energy sources, which is the principal component of our project finance portfolio.”

Shuohan Dai has also joined AXIS Insurance as a senior underwriter in Singapore, working closely with the existing teams to oversee CRS' underwriting activities in APAC and reporting to Silas.

Before joining AXIS Insurance, Dai was a senior commercial underwriter at Euler Hermes. Prior to that, she spent four years at Société Générale as a market risk & trading valuation analyst.

Silas commented: “I am delighted to welcome Shuohan to the team. Her extensive experience in Asia-Pacific credit risk underwriting and European banking, as well as her excellent reputation in the region, make her a valuable addition to the global CRS underwriting team.”