Long-standing aviation head retires from AXIS

Bermuda-based AXIS Capital Holdings' longstanding aviation leader is to retire following a 22-year tenure with the company.

Terry Wood (pictured right), head of aviation, will retire at the end of September 2024. He will be succeeded by David White (pictured left) who will become head of aviation, AXIS Global Markets, on October 1, 2024. 

“Today we are announcing a change in leadership of our aviation division — a bittersweet moment as we bid farewell to Terry Wood, one of our longest serving leaders,” said Mark Gregory, head of global markets, AXIS. “Terry is a trusted and well-respected leader in the aviation market. 

"Not only has he grown our aviation portfolio and team from a standing start, he also led the successful integration of Aviabel into the AXIS family. He is leaving a legacy of a thriving aviation insurance business and team.” 

Gregory added: “I am very pleased to appoint David White as head of aviation. David has extensive experience within both the insurer and broker aviation market and has established himself as a key part of our aviation business with a sharp customer focus. 

"He will be responsible for the continued growth of our aviation business in the UK, Europe, and Bermuda.”

White joined the specialty re/insurer in 2020 as head of airline and aerospace following his time at various insurers as well as Aon where he was head broker for aerospace and airline.

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