Axis Capital has appointed Jennifer Davies as active underwriter for Axis Syndicate 1686.

Ms Davies will be responsible for overseeing all underwriting and related business activities of Syndicate 1686, succeeding Toby Read.

She will report to Mr Read who retains his role as chief underwriting officer for Axis managing agency and continues as a member of the Axis global markets leadership team.

The Bermudian-based re/insurer also appointed Rahil Jogani to the newly created role of head of technology and artificial intelligence strategy. He will be based in the New York office and report to group chief operations officer Ann Haugh.

Ms Davies brings 25 years of experience in speciality underwriting and leadership to Axis, joining from Munich Re Syndicate where she was most recently deputy active underwriter.

Mr Read said the new hire is a highly respected leader with global underwriting expertise and a strong track record of delivering disciplined performance.

“The scope and scale of our Lloyd’s business continue to grow, with Syndicate 1686 now a top ten syndicate at Lloyd’s,” he said. “Jenny’s extensive career in the London market provides the depth of experience and leadership we require to support the continued success and further development of our Lloyd’s platform.”

Syndicate 1686 is Axis’s principal Lloyd’s underwriting platform, providing insurance and reinsurance solutions for a range of speciality and complex risks.

Mr Jogani is responsible for shaping the company’s enterprise technology and AI agenda, helping define those strategic priorities, and advancing the adoption of AI and emerging technologies across the business.

His work will include identifying measurable business outcomes, including enhanced underwriting insight, claims analysis, portfolio management and risk selection advantage.

Ms Haugh said Mr Jogani brought with him direct, practical experience leading AI and technology-enabled transformations across a range of highly regulated global financial services companies.

“Moreover, he brings a proven ability to bridge the gap between experimentation and scaled impact,” she said. “Rahil’s experience working across business, technology, and cross-functional teams will be an asset as we continue to advance responsible, business-driven transformation across Axis.”

Mr Jogani joins Axis from McKinsey & Company, where he was a partner and spent 16 years. While there, he advised leading global financial services companies on large-scale business transformation, helping organisations harness technology, data and AI to create practical operating and competitive advantages

He also served as the global leader of McKinsey’s technology strategy, performance and transformation practice.