AXIS Appoints Chubb’s Mitchell as Head of Global Markets, Replacing Gregory; Marsh McLennan appoints De Bremme as CEO of Belgium and Luxembourg

This edition of International People Moves details the appointments at AXIS Capital Holdings and Marsh McLennan.

A summary of these new hires follows here.

AXIS names Chubb’s Mitchell as head of global markets, replacing Gregory

AXIS Capital Holdings Ltd., Bermuda’s specialist re/insurer, has announced that Sarah Mitchell was named its future head of global markets. She succeeds Mark Gregory who will retire from the company in March 2025 after a career spanning five decades in the industry, including 15 years with AXIS.

During his time with AXIS, Gregory helped grow the company’s global presence as a leader in specialty insurance.

Mitchell will join the company on November 25 as a strategic advisor to the head of Global Markets and will be a member of the company’s Executive Committee. Mitchell, who will be based in London, will assume the role of Head of Global Markets on January 1, 2025 as part of a planned leadership succession process and will report to the Chairman and CEO of AXIS. Vince Tizzio.

She joins AXIS after a 13-year tenure at Chubb, where she held a series of leadership roles with increasing levels of responsibility. Since 2021, in her role as divisional president of Continental Europe and MENA, she has been responsible for Chubb’s property and casualty, casualty and health, and consumer lines operations in 25 countries. She previously held senior positions at RSA and Allianz Insurance.

Gregory joined AXIS in January 2010 as CEO of its international division and is currently a member of the company’s Executive Committee in the current role of Head of Global Markets, where he has led the division since its formation. Prior to AXIS, Gregory spent 15 years at Marsh, where he held a number of leadership positions, including CEO roles for both Bowring Marsh and Marsh Global Markets. He began his insurance career with Sedgwick Group in 1980. In addition, Gregory has served on the boards of the International Underwriting Association (IUA) and the Lloyd’s Market Association (LMA).

“We are grateful to Mark for his extraordinary leadership and years of service to AXIS. He played a crucial role in helping AXIS become a global specialty leader,” said Tizzio. “Under his guidance, we have achieved a number of important milestones including the establishment of AXIS Management Agency at Lloyd’s with Mark as its first CEO, the launch of AXIS Energy Transition Syndicate 2050, the effective integration of Novae into AXIS and the establishment of AXIS as a leading player ten at Lloyd’s by capacity, with recognition as a better performing syndicate.”

Mitchell brings deep P&C specialist knowledge and an extensive international pedigree with experience managing multi-billion dollar businesses, Tizzio added. “He is a proven leader with an established track record of success who shares our values.”

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Marsh McLennan appoints De Bremme as CEO of Belgium and Luxembourg

Marsh McLennanleading professional services firm, announced the promotion Kristof De Bremme as CEO of Marsh McLennan, Belgium and Luxembourg, and Chairman, Marsh, Belgium and Luxembourg, succeeding Rebecca Tielemans.

De Bremme will move from London to Brussels and report to Christos AdamantiadisCEO, Marsh McLennan, Europe.

In this role, De Bremme will ensure that clients in the region have access to a wide range of services and solutions from Marsh McLennan to address the business challenges they face, with responsibility for leading a team across Marsh McLennan’s offices from Brussels, Luxembourg, Antwerp and Ghent. In his leadership role at insurance broker Marsh, he will be responsible for providing leading insurance solutions and risk advisory services to clients in the Belgium and Luxembourg region.

De Bremme rejoined the business in December 2023 as Marsh’s Head of Marine, Cargo and Logistics, Europe He began his career at Marsh in 1998 as Senior Executive for Global Marine and Energy Clients, based in Antwerp , for nine years. Prior to returning to the business, he spent 14 years at AIG in various senior underwriting roles, most recently serving as Global Head of Marine from 2016 to 2022.

“Although recognized globally as major centers for policy, regulation and trade, companies operating in Belgium and Luxembourg are particularly vulnerable to fluctuating economic cycles and talent shortages, as well as risks associated with cyber threats and natural disasters such as it would be the floods,” De Bremme said. . “I look forward to working with Marsh McLennan’s risk, consulting and analytics colleagues to bring the best of business to our clients in the Belgium and Luxembourg region and contribute to their success.”

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