Latest news with #PEMBROKE
Yahoo
4 days ago
- Business
- Yahoo
AXIS Launches AXIS Capacity Solutions
PEMBROKE, Bermuda, August 13, 2025--(BUSINESS WIRE)--AXIS Capital Holdings Limited ("AXIS Capital" or "AXIS" or the "Company") (NYSE: AXS) today announced that it 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. The company has appointed David Murie to the newly created role of Head of AXIS Capacity Solutions, where he will report to AXIS Group Chief Underwriting Officer Dan Draper and be based out of the Company's London office. "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," said Vince Tizzio, President and CEO of AXIS. Added Mr. Draper, "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." Mr. Murie, a +15 years Chartered Accountant, has served as Global Head of Underwriting Governance & Execution and Chief of Staff to the Group CUO at AXIS; Head of Business Performance – AXIS International Insurance (now Global Markets); and Head of FP&A – AXIS International Insurance. Prior to AXIS, his experience included managerial roles at Aviva. About AXIS CapitalAXIS Capital, through its operating subsidiaries, is a global specialty underwriter and provider of insurance and reinsurance solutions. The Company has shareholders' equity of $6.2 billion at June 30, 2025, 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 our website at View source version on Contacts Investor Contact Cliff GallantAXIS Capital Holdings Limitedinvestorrelations@ +1 415 262 6843Media Contact Mairi MacDonaldAXIS Capital Holdings +44 7785 280 083
Yahoo
17-07-2025
- Business
- Yahoo
Raymond Karrenbauer Appointed Group Chief Information Officer at Hamilton
PEMBROKE, Bermuda, July 17, 2025--(BUSINESS WIRE)--Hamilton Insurance Group, Ltd. (NYSE: HG) ("Hamilton" or the "Company") today announced the appointment of Raymond Karrenbauer as Group Chief Information Officer, effective September 15, 2025. Karrenbauer will join the Company's Executive Management team, reporting to Craig Howie, Group Chief Financial Officer. In his new role, Karrenbauer will oversee Hamilton's information technology strategy. He succeeds Venkat Krishnamoorthy, who has been with the Company since 2019 and decided to retire on August 30, 2025. "Technology enablement is and will continue to be a core business imperative at Hamilton, so having someone with Raymond's depth and breadth of experience on our team is instrumental," Pina Albo, Group Chief Executive Officer said. "As a results-driven leader with an impressive track record of innovation and execution, as well as a deep understanding of the insurance industry, Raymond will ensure we continue to enhance our technological capabilities and deliver exceptional value to all our stakeholders. "Venkat has played a vital role in building our technology function since joining in 2019, notably in guiding the integration of our transformational acquisition of Pembroke Managing Agency in 2019 and in our successful listing on the NYSE in 2023. We are grateful to Venkat for his contributions and wish him every success on his forthcoming retirement." Karrenbauer joins Hamilton from the Cybersecurity Maturity Model Certification Accreditation Body, Inc. (The Cyber AB), which supports the U.S. Department of Defense's contractor cybersecurity compliance program. At The Cyber AB, he served as Executive Vice President and Chief Financial Officer from 2021, where he also had strategic oversight of information technology. Karrenbauer joined The Cyber AB from IFG Companies, where he was Senior Vice President and Chief Information Officer responsible for the company's digital transformation and core operations. Prior to this, he held senior executive positions at Axis Capital and ING Group. Karrenbauer is highly accomplished, having been inducted into the 'CIO' Hall of Fame in 2018, among other accolades. About Hamilton Insurance Group, Ltd. Hamilton is a Bermuda-headquartered specialty insurance and reinsurance company that underwrites risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world. For more about our company, visit or find us on LinkedIn at Hamilton View source version on Contacts Media contact Kelly Corday Investor contacts Jon Levenson and Darian Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
