4 February 2014News

AXIS targets healthcare sector

AXIS Insurance is targeting the healthcare sector with the addition of its new unit which will provide professional liability insurance and casualty cover. The unit will be led by executive vice president Kimber Lantry. He will be based in Northern California.

“We believe the healthcare industry represents an attractive and highly complementary business opportunity for AXIS Insurance to bring to bear its specialty underwriting expertise, service capabilities and capital strength,” says Peter Wilson, president of AXIS Insurance’s US operations. “We are very pleased that Kimber Lantry, a seasoned industry veteran with more than 37 years of professional liability experience and 20 years directing healthcare insurance operations, has joined us to lead this new initiative. We look forward to the contributions of Kimber and his team in developing a world-class healthcare professional liability unit at AXIS Insurance. In line with our commitment to this specialty line, we expect to add to the founding team as the business develops.”

Lantry joins AXIS Insurance from the Hudson Insurance Group where he directed healthcare insurance operations since 1997. Prior to Hudson, he had a similar role at Firemen’s Fund. He also formerly held positions at The Doctors’ Company, NORCAL Mutual, Marsh and McLennan and the captive insurance company for the Adventist Health System.