Axiom Announce New Top Level Appointment

by Stewart Douglas

Story link: Axiom Announce New Top Level Appointment

Axiom Insurance has today announced the appointment of a high profile chief executive to take over the operation towards the end of this year, rounding off a number of appointments in the wake of a wider management reshuffle.

The general insurance group, split in to several distinct divisions, has undergone a wide ranging reorganisation of the way in which its business is run, which appears to have concluded with this latest appointment.

The new chief executive was announced as Tim Riddell from within the organisation’s Financial Reporting team, who will take over the new role at the top of the entire organisation at the beginning of December.

Prior to his time with Axiom, Riddell had a range of experience within wider insurance sectors at Sedgwick Lloyd’s Underwriting and Argenta Syndicate Management, where he was responsible at senior level for managing the insurance operations of both respective companies.

The move will see Axiom consolidate its management reshuffle, which has seen several high profile employees promoted in recent months to strengthen its overall business. Axiom has also made several appointments from outwith its present management team in order to create a stronger management-led business to compete within the competitive insurance marketplace.

The Chairman of Axiom, David Jennings spoke today of his delight in the appointment, which it is hoped will see Riddell lead Axiom to the forefront of the market for the foreseeable future.

Riddell joined from Argenta earlier this year, and has only been in position within the FIRST division since May before winning this latest promotion, reflecting the extent of his rise to power within the organization.

Along with his promoted colleagues, Jennings has said today that he hopes to lead Axiom forward into the insurance market as investment conditions recover from the summer credit crisis.