patrick-witteveen-axis-ils-1
12 November 2021Insurance

AXIS poaches AXA XL and Securis leaders to boost ILS business

AXIS Capital Holdings has hired senior AXA XL and Securis executives as it looks to expand its recently rebranded insurance-linked securities (ILS) and third-party capital business unit  AXIS ILS.

Patrick Witteveen (pictured) and Kyle Freeman have joined as head of AXIS ILS business development, and head of ILS structuring property, respectively.

Witteveen will be responsible for leading the global business development for AXIS ILS, which includes sourcing new investors and managing existing relationships. While Freeman will be responsible for managing existing investor relationships and capital invested in property catastrophe sidecars, catastrophe bonds, joint ventures and other ILS structures.

Witteveen joins AXIS following over 20 years’ experience in business development, raising third-party capital assets and institutional sales, most recently as head of investor relations & business development at Securis Investment Partners. He will be based in Zurich, with his appointment effective February 1, 2022.

Freeman joins with experience in the ILS market, most recently as head of North America programmes pricing at AXA XL. He will operate from Boston, effective immediately.

“We’re delighted to expand the AXIS ILS team and welcome Patrick and Kyle,” said Chris Caponigro, global head of AXIS ILS. “With the addition of Patrick and Kyle, we are further enhancing our internal capabilities to service clients and investors and our presence in geographies that have a strong interest in ILS. We are confident in our positioning as we develop the next phase of the evolution of AXIS ILS.”

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

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
20 December 2021   The executive will also be responsible for managing rating agency relationships.
Insurance
12 November 2021   The new hires previously held underwriting roles at Zurich, Allianz, AmRisc and Ironshore, among others.
Insurance
4 November 2021   The CEOs of RenRe, PartnerRe & AXIS Capital say cost trends merit vigilance