Breaking News
AXIS Signals Ambitions for Growth with Launch of AXIS Group Benefits
AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Limited, today announced it is combining its corporate accident and supplemental health benefits business under a new name, AXIS Group Benefits. The AXIS Group Benefits business portfolio will be managed by the newly expanded team, providing a dedicated team of specialists responsive to the dynamic needs of US employers and associations.
As part of the transition, Ternian Insurance Group LLC, which AXIS acquired in 2014, is changing its name to AXIS Group Benefits LLC, reflecting the alignment of these products and services and the strength and efficiencies of a singular team. There will be no impact to existing customers. The entity will continue to operate as a specialty MGU with its staff and principal office located in Phoenix, AZ. The new team, which will sit within the AXIS Accident & Health division, provides a platform upon which to service distribution partners and customers with new and enhanced products and services in the group benefits space. The first product under the new name is expected to be announced later this year.
Doug Hayes, head of Ternian Insurance Group, will lead AXIS Group Benefits, and will continue to report to James Hamilton, Global Head of Accident and Health at AXIS. Dominick Zenzola will lead underwriting operations and William Kramer will serve as Head of Sales.
Mr. Hamilton commented, “As the benefits and corporate accident landscape continues to evolve, AXIS Group Benefits will provide brokers and policyholders with customer-centric solutions and outstanding levels of service through a growing suite of products and services – all backed by the security of an A rated global carrier.
“The combined strength and expertise of the team under Doug’s leadership, gives us a strong platform to help us identify new opportunities and grow as we look to expand our footprint in the employer and association benefits space.”
People In This Post
- Bajaj Life Insurance Launches ‘Bajaj Life Opportunities Fund’, Capturing the Growth Opportunities Read more
- Incore Invest Completes the Acquisition of CoreOrchestration and Establishes PaymentIQ as a Standalone Company Read more
- Sverica Capital Management Announces the Promotions of Michael Dougherty to Partner, Doug Patrican to Principal and Welcomes Matt Johnson Read more
- J. Safra Sarasin Group Completes the Acquisition of Majority Stake in Saxo Bank Read more
- CeFPro Advisory Board Appoints Escode GRC Solutions Lead Wayne Scott as Third-party Scrutiny Intensifies Read more
Bajaj Life Insurance Launches ‘Bajaj Life Opportunities Fund’, Capturing the Growth Opportunities
Bajaj Life Insurance, one of India’s leading private life insurers, today announced the launch of its New Fund Offer (NFO), the Bajaj Life Opportunities Fund (SFIN: ULIF011406/02/26BLOPNLC250116, Risk profile: Very High, Benchmark: Nifty Large Midcap 250). The fund is designed to provide investors with a strategic edge by combining the steady compounding potential of large-cap stocks with the higher growth potential of mid-cap companies. Available under Bajaj Life’s unit-linked insurance plans, the fund enables policyholders to pursue their long-term financial goals while benefiting from the dual advantage of life cover and professionally managed equity exposure.
Insurity’s Borealis Software Release Brings Faster Policy Workflows, AI-Enabled Customer Self-Service, and Modernized Experiences Across Claims, Billing, and Marine Operations
Insurity launched its Borealis product release, delivering a new set of practical, high-impact improvements across the insurance lifecycle
Resilience Cyber Claims Data Reveals The New Economics of Professionalized Cybercrime
Cyber insurance claims data from Resilience reveals a dramatic evolution in the economics of cybercrime
Bowtie Inaugurates New Headquarters: “Bowtie Life Insurance Tower” A Physical Landmark in Wan Chai’s Prime Business District Fulfilling a Long-Term Commitment to Hong Kong
Bowtie, Hong Kong's first virtual insurer, inaugurated its new headquarters, "Bowtie Life Insurance Tower"
Generali Launches Generali Core Tech – New Group Software Factory Advancing Its Technological Transformation
Generali launches Generali Core Tech, a new Group software factory, advancing its technological transformation
CoverGo Launches AI Agents to Automate Insurance Operations
CoverGo announced the launch of AI agents built specifically for insurance, accelerating the shift toward fully AI-driven insurance operations.
Sixfold and INFORCE Launch Strategic Partnership to Drive AI Underwriting Transformation
INFORCE will integrate Sixfold’s AI solution into its suite of services to help insurers drive greater automation, underwriter efficiency,
Bajaj Life Insurance Launches ‘Bajaj Life Opportunities Fund’, Capturing the Growth Opportunities
Bajaj Life Insurance, one of India’s leading private life insurers, today announced the launch of its New Fund Offer (NFO), the Bajaj Life Opportunities Fund (SFIN: ULIF011406/02/26BLOPNLC250116, Risk profile: Very High, Benchmark: Nifty Large Midcap 250). The fund is designed to provide investors with a strategic edge by combining the steady compounding potential of large-cap stocks with the higher growth potential of mid-cap companies. Available under Bajaj Life’s unit-linked insurance plans, the fund enables policyholders to pursue their long-term financial goals while benefiting from the dual advantage of life cover and professionally managed equity exposure.
Incore Invest Completes the Acquisition of CoreOrchestration and Establishes PaymentIQ as a Standalone Company
Private equity firm Incore Invest has completed the acquisition of CoreOrchestration AB from Worldline. Upon closing, the previously announced carve-out has now been finalised and PaymentIQ has been established as an independent standalone company under Incore Invest’s ownership. The purchase price amounts to approximately SEK 1.75 billion.
Sverica Capital Management Announces the Promotions of Michael Dougherty to Partner, Doug Patrican to Principal and Welcomes Matt Johnson
Sverica Capital Management, a leading growth-oriented private equity firm focused on the lower middle market, announced today the promotions of Michael Dougherty to Partner, Doug Patrican to Principal, and the hiring of Matt Johnson as a Principal.
J. Safra Sarasin Group Completes the Acquisition of Majority Stake in Saxo Bank
Safra Sarasin Group, a global leader in private banking and wealth management, has completed its acquisition of the majority stake in Saxo Bank, a prominent international FinTech bank serving investors, traders, and institutional partners. This transaction marks a significant milestone for both companies, enabling enhanced global potential and strategic growth.
CeFPro Advisory Board Appoints Escode GRC Solutions Lead Wayne Scott as Third-party Scrutiny Intensifies
CeFPro has appointed Escode’s Wayne Scott to its Advisory Board, as regulators step up scrutiny of operational resilience and third party risk across financial services.
Vantage Capital Leads R635m Investment Into SolarAfrica Energy
Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine debt fund manager, announced that it has made a R635m investment into Commercial Energy South Africa (“CESA”), a subsidiary of SolarAfrica Energy (“SolarAfrica”), a leading South African energy solutions provider, alongside co-investor, Greenpoint Capital. CESA holds commercial & industrial (“C&I”) solar and battery energy assets developed by SolarAfrica.
Payment Spayce and Sagicor Bank: Propelling Clients Forward with Faster Payments
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]