AXA XL’s Primary Casualty Business has appointed Mark Benz and Joseph Davina to lead the group captives unit in New York. The two will report to Chris Kopser, president and chief underwriting officer of primary casualties in the Americas.
Benz will be head of group captives for the Americas, and will be responsible for the division’s underwriting, operations, and distribution.
He joins from global insurance organisation American International Group (AIG), where he worked for more than 15 years. Most recently, he was head of captive solutions.
Davina will be underwriting manager for the group, managing underwriting and operations for casualty and the wider group captive business.
Davina has more than 16 years of experience in the insurance industry. He also joins the group from AIG, where he served in a variety of roles, most recently vice president of captive solutions.
Commenting on the appointments, Kosper says: “As we continue to grow and diversify our US risk management portfolio, we see great opportunity in underwriting open broker multi-line group captives. Mark and Joe’s combined experience in the captives space will be an exceptional asset.”
Steve Bauman, global programmes and captives director for the Americas, adds: “The new unit and appointments recognize AXA XL’s continued support for our clients who desire utilisation of captive insurance companies, and further enhances our leadership in the captive industry.”
