![\"AXIS](\"https:\/\/us.res.keymedia.com\/files\/image\/iStock-meeting-business-serious-tension-planning-executive-498426837-cropped.jpg\")
<\/figure>\nAXIS Insurance coverage \u2013 an AXIS Capital Holdings division \u2013 has revealed the appointment of chief claims officer Michael Baumel.<\/p>\n
Baumel succeeds David Hayward, who will retire in March 2020. Following a six-month transition interval, Baumel will assume the chief claims officer position and be part of the corporate\u2019s management crew, reporting on to AXIS Insurance coverage CEO Peter Wilson.<\/p>\n
Baumel has been with AXIS for over 4 years, serving as head of North American claims and dealing instantly with Hayward. He has held a number of management roles in claims and underwriting, in each the US and in Europe, together with as senior vice-president of extra casualty claims at ACE and a number of claims vice-president positions at CNA. Baumel started his insurance coverage profession at GE in 1999, initially serving as a worldwide claims particular companies chief and previous to becoming a member of the insurance coverage business he practiced regulation in Chicago for 10 years \u2013 largely as a public prosecutor. He graduated from DePaul School of Regulation in 1989.<\/p>\n
Hayward retires from AXIS Insurance coverage after a profession that spans greater than 30 years \u2013 17 of which had been spent with AXIS. A launch stated that Hayward was instrumental in creating the corporate\u2019s critically acclaimed world claims administration operate.<\/p>\n
\u201cDave\u2019s contributions to AXIS can’t be understated. He has performed a basic position in shaping our claims administration technique and he conceptualized and applied lots of the approaches which have helped us set up a claims operate that’s widely known as top-of-the-line within the specialty insurance coverage business,\u201d stated AXIS Insurance coverage CEO Peter Wilson.<\/p>\n
In a press release, Hayward talked about that whereas his retirement is a bittersweet second for him, he departs figuring out that he’s leaving his place in Baumel\u2019s succesful palms.<\/p>\n
\u201cWe’ve an incredible claims crew, and I take nice pleasure within the work that we\u2019ve performed to construct a number one claims operate. I sit up for seeing the follow proceed to flourish below Mike\u2019s management,\u201d he stated.<\/p>\n<\/p><\/div>\n