AXIS Group Benefits Takes Shape: Strategic Integration Signals Expansion in Corporate Accident and Supplemental Health Market

AXIS Insurance has revealed plans to consolidate its corporate accident and supplemental health benefits operations under a unified banner—AXIS Group Benefits. This strategic move represents a fresh chapter for the company as it positions itself to better serve the employer benefits space across the United States.

At the helm of this initiative is Doug Hayes, who previously led Ternian Insurance Group LLC—the specialty firm AXIS acquired back in 2014. Hayes will now oversee AXIS Group Benefits as it operates as a specialized MGU (Managing General Underwriter) from its Phoenix, Arizona headquarters. Reporting to James Hamilton, Global Head of Accident and Health at AXIS, Hayes is joined by Dominick Zenzola in an underwriting capacity and William Kramer as Head of Sales. This streamlined leadership structure underscores AXIS’s commitment to delivering specialized expertise across its growing benefits portfolio.

Operational Continuity Meets Strategic Transformation

The rebranding of Ternian Insurance Group to AXIS Group Benefits LLC reflects more than a cosmetic change—it signals the alignment of two previously distinct product lines and the operational efficiencies gained through consolidation. Existing customer relationships remain unaffected, with service levels and support continuity prioritized throughout the transition. The Phoenix-based team will continue to function independently while leveraging the broader resources and capabilities of AXIS Capital’s global platform.

Growth Trajectory and Product Innovation

Looking ahead, AXIS Group Benefits intends to roll out its inaugural offering under the refreshed brand later in 2022. According to James Hamilton, the integration creates a stronger foundation for brokers and policyholders to access solutions backed by the security of an A-rated global carrier. As the employer benefits landscape continues to shift, this consolidated approach positions AXIS to identify emerging opportunities and expand its footprint within the associations and corporate sectors.

About AXIS Capital

AXIS Capital operates as a global specialty insurance and treaty reinsurance provider, reporting shareholders’ equity of $5.1 billion as of March 31, 2022. The company maintains operational presence across Bermuda, the United States, Europe, Singapore, and Canada. Its subsidiaries hold ratings of “A+” (“Strong”) from Standard & Poor’s and “A” (“Excellent”) from A.M. Best, reflecting financial stability and operational strength within the specialty insurance space.