Darryl Brooks/shutterstock.com_1537288370
10 September 2024News

AXIS Capital expands into life sciences

AXIS Capital has appointed Pranav Shroff as head of life sciences in North America.

Shroff, who was previously vice president at The Doctors Company Specialty Underwriters, will lead the development of a suite of specialty coverages in support of the life sciences industry, with an initial focus on products liability, professional liability, and clinical trials liability. 

Shroff previously worked at Chubb, ACE, and CNA. Shroff will be based in New York and will report to Michael McKenna, Head of AXIS North America.

“The launch of our Life Sciences offering under Pranav's direction marks another exciting milestone in the growth story of AXIS North America. This expansion into the niche life sciences industry practice area is a natural progression of our ambitions to be the leading specialty carrier in our chosen markets," said McKenna. 

“Pranav has the experience and leadership to build our underwriting capabilities and develop strong ties in this space with our distribution partners thereby elevating solutions for our customers.”

Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.