Carr joins Axis Insurance
Axis Insurance, a division of Bermudian-based Axis Capital Holdings Ltd, announced that Michael Carr has been named the head of US excess and surplus property.
In this role, Mr Carr will be responsible for developing and executing Axis Insurance's E&S Property underwriting strategy and achieving profitable growth along with quality and diversification of its underwriting portfolio. Mr Carr reports into Carlton Maner, CEO of Axis Insurance's US division.
“Michael is a highly respected property underwriter and a talented insurance leader. He brings extensive experience and knowledge in the US E&S property market, along with a proven ability to develop fresh solutions to help address client needs,” said Mr Maner. “Michael possesses the right mix of entrepreneurial spirit, underwriting discipline and a growth mindset that will be invaluable as we continue to grow this important part of our business.”
Prior to joining Axis, Mr Carr was executive vice-president and head of property at Ethos Specialty Insurance Services. He was previously at Liberty International Underwriters where he was a senior vice-president in the company's E&S property division.
Before that, Mr Carr was the Atlanta Regional Property Manager for Max Specialty and Crum & Foster. He has also held various property underwriting roles at Ace USA and AIG.