Axel Schmidt has stepped down from his role as chief underwriting officer at Argo Group International Holdings.
He will continue at the company in an advisory capacity to the chief executive until the end of the year.
Tim Carter has been appointed as his replacement. Carter was previously the executive vice president, Americas of Argo Group US.
Schmidt joined Argo in 2014 as group chief underwriting officer following Andrew Carrier’s resignation. Before that he was chief underwriting officer at Aviva's UK/Ireland business across personal, commercial and corporate/specialty lines. He was also responsible for Aviva’s group-wide underwriting, pricing, products and claims strategy.
Schmidt also spent 20 years at Zurich where he held a number of senior underwriting and management positions including deputy chief executive officer/CUO of Zurich’s corporate business in Europe/UK and underwriting director for Zurich’s global corporate business.
Axel Schmidt, Argo Group International Holdings, Tim Carter