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AXIS Capital Holdings Restricted has introduced that Sam Flitman has been named because the London head of Ceded Re, efficient within the first quarter of 2025. Flitman will report back to Anne Kelly, international head of Ceded Re at AXIS, and will probably be answerable for overseeing the London portfolio and additional refining the corporate’s Ceded Re technique.

In his new function, Flitman will lead a devoted crew in London, with a concentrate on optimizing relationships with brokers, companions, and reinsurers to make sure the most effective outcomes for AXIS prospects and stakeholders. His management will probably be instrumental in strengthening the corporate’s place within the reinsurance market, in accordance with a information launch.

“Sam’s deep understanding of our portfolio, mixed together with his international expertise, positions him completely to drive our London-based Ceded Re technique,” Kelley mentioned. “We’re excited to see the constructive influence Sam will convey to our companions and stakeholders as he steps into this function.”

Flitman joined AXIS in 2021, most not too long ago serving as chief danger officer for AXIS Managing Company. He has greater than 16 years of expertise within the insurance coverage and reinsurance trade, with roles within the UK, Bermuda, and Asia.

“With the assist of our gifted crew and companions, I sit up for additional elevating our Ceded Re technique and delivering outcomes that align with our long-term imaginative and prescient and dedication to the London market,” Flitman mentioned.

AXIS Capital is a worldwide supplier of specialty insurance coverage and reinsurance options. The corporate had shareholders’ fairness of $5.7 billion as of June 30, 2024, and operates in Bermuda, the US, Europe, Singapore, and Canada. AXIS has been rated “A+” by Normal & Poor’s and “A” by AM Greatest for monetary energy.

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