Bermudian-based Axis Capital Holdings Limited has launched Axis Wholesale, a new division dedicated specifically to servicing the wholesale market.

Carlton Maner has been appointed as CEO, Axis Wholesale, reporting directly to Axis Specialty Insurance and Reinsurance CEO Vincent Tizzio.

This appointment expands upon Mr Maner’s prior responsibilities as CEO, US division.

He commented: “Axis has operated in the wholesale space since our inception, and with the launch of Axis Wholesale we’re leaning into what we do best.

“Through the new wholesale division, we’re introducing dedicated teams and resources focused specifically on the wholesale channel. This speaks to our ambition to grow profitably with our customers as we introduce new products and services designed directly to meet their needs.”

Mr Tizzio added: “The creation of our dedicated wholesale division aligns directly with our company-wide focus on advancing our existing leadership position in specialty.

“It reflects our deep commitment to the wholesale channel and our focus on delivering great service to our customers while enabling them to leverage the full strength and breadth of our global platform.”