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AXIS Insurance Enhances U.S. Excess Casualty Team With Hosp Hire
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
AXIS Capital has announced the appointment of Kenneth Hosp as Vice President of the U.S. Excess Casualty team, effective immediately. He will focus on strengthening relationships with wholesale partners and enhancing initiatives, particularly in the transportation sector. Mr. Hosp brings extensive experience from Gen Re and has held various underwriting roles in the insurance industry. With shareholders' equity of $5.3 billion as of September 30, 2021, AXIS Capital aims to leverage Mr. Hosp's knowledge to drive profitable growth.
Positive
Kenneth Hosp's appointment expected to strengthen relationships with wholesale distribution partners.
Focus on enhancing transportation business initiatives.
Mr. Hosp brings extensive underwriting experience to the role.
Negative
None.
PEMBROKE, Bermuda--(BUSINESS WIRE)--
AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS), has appointed Kenneth (Kenny) Hosp as Vice President of the U.S. Excess Casualty team, effective immediately.
Mr. Hosp will be responsible for cultivating and strengthening relationships with wholesale distribution partners, enhancing new and existing initiatives and opportunities with an emphasis on transportation business, and executing the underwriting strategy. He will be based in Alpharetta, GA, and will report to Britt Smith, Senior Vice President, U.S. Excess Casualty.
Joining from Gen Re where he was most recently Assistant Vice President – Global Casualty Facultative, Mr. Hosp was responsible for primary casualty and excess liability facultative reinsurance production and underwriting. He began his insurance career at State Farm Insurance followed by various underwriting roles at Markel Specialty and Dual Commercial.
“We are excited to welcome Kenny to AXIS,” said Mr. Smith. “He brings a high level of underwriting experience across a wide variety of casualty risks, as well as a broad network of existing client relationships. Additionally, Kenny’s vast knowledge of excess and surplus lines, and the highest levels of professionalism and customer service, will further set AXIS apart from the competition and ensure our continued profitable growth.”
About AXIS Capital AXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders' equity of $5.3 billion at September 30, 2021, and locations in Bermuda, the United States, Europe, Singapore and Canada. Its operating subsidiaries have been assigned a 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 www.axiscapital.com.
