Bermudian carrier Axis has appointed Anne Kelly global head of ceded reinsurance.

In the new role role, Kelly will be responsible for leading the Axis’ ceded reinsurance function across all of its insurance product lines. She will be based in New York.

Kelly joins Axis from Travelers where she had been for more than two decades and was a second vice president. She managed the reinsurance placement process for the company’s internal customers. Before that, she held underwriting roles at Shelby Insurance and Chubb.

“Anne is an excellent addition to our global risk funding team,” Ben Rubin, global head of risk funding at Axis said.

“She is a seasoned leader who brings a proven track record of managing risk strategically across an enterprise,” Rubin went on.

“Anne’s strong relationships with underwriters and distribution partners make her uniquely qualified to serve as our global head of ceded re, working closely with our placement leads, Wasner Martinez and Neil Cottington, in the creation and execution of our global ceded reinsurance strategy.

“We look forward to the contributions that Anne will make in growing our business.”

Kelly’s appointment follows hot on the heels of Steve Hennessey’s departure from Axis-owned Lloyd’s syndicate Novae.

The former head of commutations and reinsurance claims for Novae left for Axa’s legacy arm, as revealed by this publication last month.