AXIS appoints Sara Mitchell as Head of Global Markets, Mark Gregory to retire

Global specialty underwriter and provider of re/insurance, AXIS Capital Holdings Limited, has announced the appointment of Sara Mitchell as its future Head of Global Markets, succeeding Mark Gregory who will retire from the company in March of 2025.

Having previously served as Divisional President of Chubb’s Continental Europe and MENA business, Mitchell will join AXIS Capital on November 25 as Strategic Advisor to the Head of Global Markets and will be a member of the Company’s Executive Committee.

Based in London, she will assume the role of Head of Global Markets on January 1, 2025, as part of a planned leadership succession process and will report to AXIS President and CEO Vince Tizzio.

Mitchell joins AXIS following a 13-year tenure at Chubb where she held a series of leadership roles with increasing levels of responsibility. She most recently served as Divisional President of Continental Europe and MENA, being responsible for Chubb’s property and casualty, accident and health, and consumer lines operations across 25 countries.

Before Chubb, she served in managerial roles at RSA and Allianz Insurance.

Tizzio commented: “In Sara, we have found an exceptional leader to succeed Mark. We are excited about transitioning AXIS into a new chapter, building on the strong foundation that is already in place for our Global Markets division.

“Sara brings deep specialty P&C knowledge and an expansive international pedigree with experience managing multi-billion dollar businesses. She is a proven leader with an established track record for success, who shares our values.”

Gregory, currently Head of Global Markets, is retiring from the company following a career that spans five decades in the industry including 15 years with AXIS.

He joined the company in 2010 as CEO of its International Division and is presently a member of the Company’s Executive Committee in his current role as Head of Global Markets, where he has led the division since its formation.

Prior to AXIS, Gregory held a series of leadership positions during his 15 years at Marsh, where he held CEO roles for both Bowring Marsh and Marsh Global Markets.

He started his insurance career with Sedgwick Group in 1980. In addition, Mr. Gregory has served on the Boards of both the International Underwriting Association (IUA) and Lloyd’s Market Association (LMA).

“We are grateful to Mark for his tremendous leadership and years of service to AXIS. He has played a crucial role in helping elevate AXIS as a global specialty leader,” said Tizzio.

Adding: “Under his guidance, we achieved a number of important milestones including the establishment of the AXIS Managing Agency at Lloyd’s with Mark serving as its first CEO, launch of AXIS Energy Transition Syndicate 2050, effective integration of Novae into AXIS, and establishment of AXIS as a top ten player at Lloyd’s by capacity, with recognition as an outperforming syndicate.”

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