AXIS continues management liability expansion with Gallagher, Chubb hires

AXIS Insurance, the insurance business segment of Bermuda-based re/insurer AXIS Capital Holdings, has bolstered its US management liability team with four senior underwriting hires from Gallagher, Chubb and Starr Companies.

Christina Segreti, Drew Kushnick, Matthew Holzinger and Sherry Alexakis have joined AXIS as senior underwriters to help support the company’s profitable growth in the management liability market.

Segreti and Kushnick’s will work across public and private directors and officers liability (D&O), employment practices liability, fiduciary liability and crime coverages.

Segreti was most recently a broker for property & casualty lines at Gallagher. Previously, she focused on management liability insurance products as a client service associate at Marsh & McLennan and as a financial products underwriter at Great American Insurance.

Prior to AXIS, Kushnick was a senior underwriter at Chubb Insurance, evaluating and underwriting professional liability lines for private companies and large-scale nonprofits. He began his career in insurance at Chubb as a financial lines underwriter. Previously he held positions of regulatory compliance Attorney at Interbank Mortgage Company, and wealth strategies analyst at Bank of America Private Bank.

Holzinger will work closely with AXIS’ private equity product team and will focus on underwriting insurance products for private equity and venture capital firms as well as private equity-backed public and private portfolio company investments. He joins AXIS from Starr Companies where he was a financial institutions underwriter. He began his career as a wealth management associate at Merrill Lynch before transitioning into specialty insurance.

Alexakis will focus on commercial crime underwriting. She joins AXIS from Chubb Insurance where she was a senior management liability underwriter.

Alexandra Tucker also recently joined AXIS as an underwriter for middle market private company management liability products, for both wholesale and retail distribution.

Mark Paccione, head of commercial management solutions at AXIS Insurance, said: “The growth and evolution of our Management Liability team is in response to increased demand in the market and our desire to continually enhance our underwriting capabilities to reflect the changing needs of our brokers and clients.

“Christina, Drew, Matthew and Sherry are all experienced Management Liability underwriters who will help us develop propositions that address the challenges and threats faced by businesses and their executives. I am excited to work with them and for our team to benefit from their experience and market knowledge as we advance our Management Liability offering.”