And Now For Something Fundamentally Different
Anyone who listens to AXIS Chief Executive Officer John Charman describe ideas behind the formation of an insurance and reinsurance company in 2001 doesn't hear a story about seizing on a market opportunity.
Replacing the older “opportunity” stories of past Bermuda start-ups is the tale of a group of old-timers who set out to create something “fundamentally different,” to use his phrase.
“You have to remember that we may be a new company, but many of us have been around for a long, long time,” he said, going on to describe the management team as “a bunch of old 60s hippies.” Like the rebellious group of a prior decade, he said, “weve done all the big company stuff and we didnt like it. We spent most of our time [in those companies] defending value instead of creating it.”
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