News

Axis Underwriting appoints Ivan Verescuk as Managing Director as Gary Dawson steps down

After an amazing 22 years at the helm, industry stalwart Gary Dawson has announced he will be stepping down as Managing Director and CEO on 1 July 2021, with Ivan Verescuk assuming his position.

Axis was established in 1999 by Gary, as a business unit of Whitbread Insurance Group and both businesses were acquired by Steadfast in 2017. Under his astute strategic and operational leadership Axis has flourished into a significant underwriting agency. Gary has long been regarded as one of the foremost commercial property underwriters in the Australian market. Excellent underwriting results have cemented strong, enduring relationships with the agency’s security providers, Lloyd’s, HDI and AXA XL.

Gary’s wealth of experience and expertise will not be lost from Axis and the market. He will continue with the business for the next 12 months as Executive Director, ensuring a seamless transition.

Ivan Verescuk has more than 20 years experience working in the insurance industry and has been with Axis for seven years as General Manager. During this time, he has made a strong contribution to the business where has he established, managed and delivered all aspects of the Axis residential strata; claims and administration functions.

Additionally, Ivan has also been acting as an “understudy” to Gary in the commercial property segment. With his experience and with Gary’s counsel, the Board believes the business will continue to flourish, serving the interests of all stakeholders in the positive manner to which we have become accustomed.

On behalf of the Board, I offer sincere thanks to Gary for his many years of outstanding service and his significant achievements. His is a legacy which will never be forgotten. And I offer my congratulations and best wishes to Ivan as he assumes the role of Managing Director & CEO.

Gary Gribbin
Chairman

Farewell Willem de Graaf

After 10 and a half years with Axis Underwriting and an insurance career spanning an impressive 46 years, we wish to inform you that Willem de Graaf is retiring. His last day with Axis is this Friday 4th September.

Willem commenced at Axis in February 2010, where he was appointed to take on the opening and management of our Queensland branch. Since this time he has been fundamental to our success, growing the Queensland business to represent a third of Axis’ commercial portfolio.

Taking the reins from Willem is Sandy Newton. Sandy joined the Axis team in September, 2017 and we couldn’t think of a better individual to continue growing our presence in the Queensland market. Congratulations to Sandy on her promotion to Manager – QLD, we know you will be fabulous in this position.

So before Willem sails off into the sunset (as pictured below), please join us in thanking him for being such an integral part of the Axis team. His sense of humour will be greatly missed! Be sure to look out for Willem on the high seas as he spends a little more time doing the other things he loves – that strangely don’t include insurance!

Best wishes Willem,

The Axis Team

 

 

 

 

 

 

 

 

 

By |Axis, Industry News, People|September 1, 2020

Axis Binders Renewed

Axis Underwriting is pleased to confirm renewal of all our Commercial Property and Liability binders for 2020-2021.

Lloyd’s is going through a process to improve the results in many classes of business, including International Property. This has resulted in tough negotiations for binder renewals, with a loss of capacity and non-renewal of many International Binders. Increased compliance requirements have slowed the process, and therefore it has taken longer than usual for Axis to get sign off from all Syndicates.

Axis is delighted to have completed the renewal process of all our 2020-2021 binders, with strong support from Lloyd’s syndicates and continued support from HDI Global Specialty SE – Australia on our property Binder. HDI are an international insurer licensed in Australia, with a Standard & Poor’s A+ Stable Rating.

We look forward to continuing to assist with solutions for your clients, and appreciate your ongoing support.

By |Axis, Products, Security|February 12, 2020

Celebrating 20 years in business!

What a great gift to receive in our 20th year! Axis Underwriting are thrilled to be awarded the Gold Medal for Property for the fourth year in a row, in the 2019 Insurance Business Brokers on Underwriting Agencies Survey.

To each and every one of our brokers, we would like to extend a huge thank you. We couldn’t achieve this success without your support.

For 20 years Axis Underwriting has taken pride in providing stableconsistent and reliable underwriting solutions for Australian insurance brokers. These principles are integral to our brand, and we will continue to uphold these into the future.

Thank you for being a part of our story. We can’t wait to see what the next 20 years bring!

For more information on Property Insurance , please click here.

To view our full risk appetite, please click here.

By |Award winner, Axis|December 5, 2019

Axis binders renewed

Axis Underwriting is pleased to announce the renewal of all our Property and Liability binders for the 2019-2020 period.

Lloyd’s is going through a process to improve the results in many classes of business including International Property. This has resulted in tough negotiations for binder renewals, with a loss of capacity and termination of some binders.

Axis is delighted to have retained the support of all our existing Lloyd’s Syndicates, and have added two additional Syndicates to our panel.

Additional to our Lloyd’s security we are very pleased to announce the support of HDI Global Specialty SE – Australia for our property program. HDI are an international insurer licensed in Australia, with a Standard & Poor’s A+ Stable Rating.

We look forward to continuing to assist with solutions for your clients, and appreciate your ongoing support.

A gold medal for property insurance – 3 years in a row!

Winners are grinners! For the third year in a row, Axis are thrilled to announce that we have been awarded a Gold Medal in the Property Category of the 2018 Insurance Business Brokers on Underwriting Agencies Survey.

To each and every one of our broker clients, we would like to extend a huge thank you. Your continued support throughout the 18 years we’ve been in operation, has been key to our growth and each achievement along the way.

Axis Underwriting takes pride in providing stableconsistent and reliable underwriting solutions for Australian insurance brokers. These principles are integral to our brand, and we will continue to uphold these into the future.

For more information on our award winning Property Insurance products, please click here.

To view our full risk appetite, please click here.

By |Award winner, Axis|November 14, 2018

We are now back in our Sydney Office

On Friday 4th of May, a burst water main and subsequent serious flooding of the basement at our Sydney office caused significant damage to essential building services.

After lengthy reinstatement works, our Sydney team are now back in our usual premises in the Sydney CBD. Our Sydney office address is Level 11, 23 Hunter Street, Sydney. All phone and email contact details remain the same.

Thank you for your patience and understanding during what has been an eventful time for the team! We look forward to seeing you next time you pop in.

By |Liability|May 22, 2018

Important Announcement

We are delighted to inform you that with effect from 8 December 2017, Steadfast will acquire Axis Underwriting Services Pty Ltd (“Axis”).

This recognises the excellent reputation of Axis and the services we have been providing to you and many other partners since 1999.

Axis has established strong and valued relationships with our partners over many years. This change allows us to expand services and ultimately the value that we bring to you by combining Steadfast’s strength and network, both domestically and internationally, with our expertise. Steadfast’s investment recognises the strong brand which has been built, and the quality of the Axis management team and employees.

Axis has been a Steadfast Partner since 2009, meaning we already have a strong working relationship on which to build. In addition, Steadfast Group and Axis are strategically and culturally aligned, and we look forward to working closer together to grow the businesses.

There will be NO CHANGE in our day-to-day activities, and it will be BUSINESS AS USUAL.

  1. The name, address, telephone and other contact details will remain unchanged.
  2. There will be no change in the familiar persons with which you have been dealing over many years.
  3. The company will continue to be led by:

Gary Dawson      Managing Director
Ivan Verescuk     General Manager

We assure you, our valued partner, that we are dedicated to continuing to service your insurance needs in the professional and valued way to which you have become accustomed.

We are very excited about the future, in the firm belief that, with Steadfast, we will not only continue to deliver a high level of service, but will also enhance the insurance support with which you are so familiar.

Please feel free to contact the Axis management team if you have any queries.

E     info@axisunderwriting.com.au

_______________________________________________________________

The Steadfast Group

In 1996, 43 independently owned insurance brokers joined forces in the belief that quality advice and service were paramount in the Insurance Industry and Steadfast was born. Today they are the largest general insurance broker network in Australasia with more than 360 brokerages and more than 1,300 offices.

They are an ASX 200 Listed company, a market leader in the industry and an innovator in insurance broking and underwriting agencies. As at 1 December 2017, their market capitalization is in excess of A$2.1 billion. For more information please visit www.steadfast.com.au.

Award winning property insurance – 2 years in a row!

Axis are excited and honoured to announce that we are the recipient of the Gold Medal in the Property Category of the Insurance Business Brokers on Underwriting Agencies 2017 Survey – for the second year running!

We would like to take this opportunity to extend a huge thank you to each and every one of our broker clients for your continued support. You have been instrumental in the success Axis has built throughout our 17 years in operation.

Axis Underwriting takes pride in providing stable, consistent and reliable underwriting solutions for Australian insurance brokers. These core principles are integral to our brand, and we look forward to upholding them well into the future.

For more information on our award winning Property Insurance products, please click here.

To view our full risk appetite, please click here.

New Axis Appointment – Manager, NSW

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Axis are excited to announce the appointment of our new Manager – NSW, Andrew Mitchell. Andrew is heading up the Axis team in NSW, and is responsible for managing relationships with our NSW and ACT brokers.

Prior to joining Axis, Andrew was the Production and Risk Manager – NSW at Acerta. Andrew is a technical property underwriting specialist, with over 25 years of experience both in Australia and the United Kingdom.

Andrew is replacing Emily Walker, who will now transition to her new role within Axis as National Development Manager.