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Axis Insurance names head of E&S property

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Axis Insurance, the Pembroke, Bermuda-based insurance unit of Axis Capital Holdings Ltd., has named Marc Nance executive vice president of excess and surplus property.

Mr. Nance, who is based in Chicago, is responsible for managing and expanding Axis Insurance’s E&S property business in the U.S., including diversifying the E&S property portfolio and developing broker relationships, Axis Insurance said in a statement.

He replaces Chris Endsley, who recently retired, and reports directly to Carlton Maner, CEO of Axis Insurance’s U.S. division.

Mr. Nance was previously executive vice president of U.S. property for Axis Insurance.

“Marc is uniquely qualified to lead and grow our E&S property business,” Mr. Maner said in the statement. “He brings a wealth of commercial property insurance experience and knowledge to the role, as well as a deep understanding of Axis’ business.”