AXIS introduces benefits group
AXIS Insurance, the specialty insurance business segment of AXIS Capital , is combining its corporate accident and supplemental health benefits business under a new name, AXIS Group Benefits. The AXIS Group Benefits business portfolio will be managed by the newly expanded team, providing a dedicated team of specialists responsive to the dynamic needs of US employers and associations.
As part of the transition, Ternian Insurance Group, which AXIS acquired in 2015, is changing its name to AXIS Group Benefits, reflecting the alignment of these products and services and the strength and efficiencies of a singular team. The entity will continue to operate as a specialty MGU with its staff and principal office located in Phoenix, AZ.
The new team, which will sit within the AXIS Accident & Health division, provides a platform upon which to service distribution partners and customers with new and enhanced products and services in the group benefits space. The first product under the new name is expected to be announced later this year.
Doug Hayes, head of Ternian Insurance Group, will lead AXIS Group Benefits and will continue to report to James Hamilton, Global Head of Accident and Health at AXIS. Dominick Zenzola will lead underwriting operations and William Kramer will serve as Head of Sales.