
Introduction and Overview
by Jack Gressier
The AXIS Global Insurance team at AXIS Capital
consists of underwriting operations
in Dublin, Bermuda and London.
This simple network in conjunction with our web-based
submission system Submit.AXIS, unparalleled within the industry, has provided the platform
to create a unique franchise within the global industry. This
is equally strong across the broking community and amongst
the client
base we serve.
Business through intermediaries is submitted
to us through our proprietary website submit.AXIS. This technology
platform allows a rapid assessment/review by our underwriters in
Bermuda, Dublin and London.
Our underwriters will evaluate the submission
and will make a determination on participation normally
within 24 hours.
In tandem with our unique operating structure
we have developed a blend of skill sets that allow us to extract
the optimum performance
from our extraordinary team.
We have high level leadership expertise within
every class of business with which we are involved. The
team has an average industry experience in excess of 15 years
but an average age of only 35.
We write a broad spread of specialty lines business
committing lines of up to $100m dependant of class- our principal
involvements
include:-
Specialty Risks (includes
Terrorism, Marine and Aviation war risk and Political risk). Onshore & Offshore
Energy, Aviation & Aerospace,
Commercial Property and Marine (including Recreational Marine).
We have created exceptional product diversity
which coupled with strong geographic variation has reduced our
reliance upon reinsurance.
We also have a leading claims
team led by Richard
Strachan our Chief Claims Officer who support the AXIS Global Insurance
team and
work with intermediaries and clients to ensure settlement of
all valid claims. We are assisted in this regards by the major
claims adjusting resources our outsource partner
Xchanging Limited.
By blending all of the above we have created an
environment where we are able to understand and anticipate the
needs of our client
base. Solutions are consequently provided quickly and effectively. |