Axis appoints chief commercial officer

Axis Capital Holdings Ltd. Wednesday said Edward Ashby has been promoted to the newly created position of chief commercial officer.

He will oversee Axis’ business development strategies, market visibility, and support key strategic initiatives of the CEO’s office, as well as continue his role as the global head of distribution for insurance, Axis said in a statement.

Mr. Ashby is based in New York. He joined Axis in 2014 as head of U.S. distribution for its insurance business, and expanded to global head of distribution for insurance in 2015, the statement said.