AXIS Insurance, its specialized insurance division Axis Capital Holdings has appointed three senior underwriters to its Capital Risk Resolution (CRS) team, which will take effect immediately.

Jim Parker and Richard Jelf From Bermuda and Singapore, he moved to London, respectively, to expand the company’s project finance and aircraft financial portfolio, strengthen existing relationships and accelerate business growth.

Both senior underwriters have extensive knowledge of credit risk insurance and the ability to build strong broker relationships, which helps AXIS Insurance quickly expand its credit risk insurance business in London while providing quality services to clients.

Commenting on their appointment, CRS chief Michael Silas said: “Their relocation project in London makes our underwriting presence even better with the growing demand for loan protection. A demonstration of continued commitment, which is a key component of our project finance portfolio.

Shuohan Dai has joined AXIS Insurance as a Senior Underwriter in Singapore, working closely with the existing team at APAC to oversee CRS underwriting activities and report to Silas.

Prior to joining Axis Insurance, Dai Euler was a senior commercial underwriter for Hermes. Prior to that, he spent four years at Society General as a market risk and trading assessment analyst.

Silas commented: “I am delighted to welcome Suhan to the team. His extensive experience in Asia-Pacific credit risk underwriting and European banking, as well as his excellent reputation in the region make him a valuable addition to the global CRS underwriting team.

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