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7 July 2021Insurance

AXIS Re looks to build strong broker relationships with new hire

AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has created a new position focusing on strengthening its relationships with global brokers across all lines of business.

Matt LoPiccolo has been appointed as strategic account executive, global brokers for its client engagement initiative, AXIS Re Strategic Partners.

LoPiccolo joins the reinsurance team after having served as head of US digital distribution within the company’s Insurance segment. He will continue to be based in New York and will report to Jason Busti, AXIS Re president of North America and head of AXIS Re strategic partners.

LoPiccolo has more than 24 years of industry experience across the broking and insurance sectors. He joined AXIS Insurance in 2016, holding roles such as head of US distribution for the professional lines division and head of US digital distribution. Prior to AXIS, he held various roles at AIG within its sales and marketing and distribution divisions. He began his career at Marsh & McLennan.

In his newly-created role, LoPiccolo will be responsible for enhancing relationships with AXIS Re’s global brokers across all lines of business, and building out others. He will also be responsible for working collectively with AXIS Re’s global brokers to develop new business opportunities and collaborate on solutions. AXIS Re Strategic Partners, launched in 2018, is a dedicated team to serve select clients and brokers.

Busti said: “Matt has a strong track record of building and growing broker and client relationships, as well as the perspective of having worked on the broker side of the business. His promotion also speaks to the Company’s One AXIS philosophy and the priority that we place on creating career mobility and growth opportunities for our talent. Matt will be a fantastic addition to AXIS Re.”

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