AXIS opens Miami office to expand in LatAm; hires from Marsh

AXIS Capital has opened a new office in Miami, with Eduardo Hussey as chief underwriting officer (CUO), to expand its presence in the Latin American and the Caribbean (LAC) market.

The company has formed Miami-based AXIS Specialty Underwriters to deliver a full range of facultative and treaty reinsurance solutions in the LAC region, with a focus on energy and property.

AXIS Miami will be headed by Hussey, who brings 20 years of Latin American re/insurance industry experience to the company. He joins AXIS from Marsh, where he held a number of regional senior-level roles.

Mark Gregory, CEO of AXIS Insurance’s international division, said: "The launch of AXIS Miami is a significant milestone in our global strategy to provide leading specialty risk solutions in every region in which our clients operate.

"In Eddie Hussey, we’ve added a proven market expert who will help enhance the services that we offer to our clients while growing our global underwriting platform in the Latin American and Caribbean market."

Hussey added: "I’m pleased to join such a highly respected specialty underwriting firm as AXIS. Working alongside our colleagues at AXIS Syndicate 1686, AXIS Miami will bring us closer to our clients in the LAC region to provide them with enhanced services and high-quality facultative reinsurance solutions."

AXIS Miami will serve as LAC regional coverholder for AXIS Syndicate 1686. AXIS Re Brazil’s Sao Paulo representative office will continue to service treaty reinsurance clients throughout the LAC region, under the direction of AXIS Re Zurich.

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