AXIS boosts Capital Risk Solutions unit with trio of appointments

AXIS Insurance has unveiled three key appointments within its Capital Risk Solutions team, which it claims will help enhance the unit’s London focus while, separately, continuing to invest in its presence in Asia Pacific.

Jim Parker and Richard Jelf, both senior underwriters, have relocated to London from Bermuda and Singapore, respectively. They will focus on growing the project finance and aircraft finance portfolio as well as strengthening existing relationships and driving business growth.

Shuohan Dai joins as senior underwriter in Singapore and will work closely with the existing teams to oversee CRS’ underwriting activities in APAC.

Parker relocates to the AXIS London office after spending 12 years in Bermuda, and Jelf moves to London after four years in Singapore with AXIS. They will report to Mark Harwood, CRS’ Lead Underwriter based in London.

Dai was previously Senior Commercial Underwriter at Euler Hermes. Prior to that, she spent four years at Société Générale as a Market Risk & Trading Valuation Analyst. Dai will report to Michael Silas, head of Capital Risk Solutions.

“Jim and Richard’s extensive knowledge of credit risk insurance along with their ability to cultivate strong broker relationships will enable us to accelerate the expansion of our credit risk insurance business in London while continuing to deliver exceptional service to our clients,” said Silas.

“Their relocation to London better aligns our underwriting presence with growing requests for project finance loan protection. This is a critical part of our underwriting expertise and a demonstration of our continued commitment to supporting the energy transition to renewable energy sources, which is the principal component of our project finance portfolio.

“I am delighted to welcome Shuohan to the team. Her extensive experience in Asia Pacific credit risk underwriting and European banking, as well as her excellent reputation in the region make her a valuable addition to the global CRS underwriting team.”

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.