Leading through disruption: Vince Tizzio’s blueprint for AXIS Capital’s transformation
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Case StudyLeading through disruption: Vince Tizzio’s blueprint for AXIS Capital’s transformationAXIS Capital, a specialty insurance company, is transforming itself with a mission to become the leading specialty underwriter in a rapidly evolving risk environment. AXIS has generated 100%+ of Total Shareholder Return* since Vince Tizzio assumed the role of CEO and President in 2023 and reimagined how the organization operates, competes and prepares for the future.A conversation with President and CEO of AXIS Capital, Vince Tizzio Vince sat down with McKinsey Senior Partner Ari Libarikian to offer a look inside the company’s digital acceleration, his approach to modern leadership, and the steps AXIS is taking to stay resilient, innovative, and globally connected in the age of AI. Digital TransformationMove into innovation for the next era with excellenceGet in touchAbout usOur expertsAri LibarikianNew YorkAdvises companies on building thriving businesses, helping organizations to grow, improve business processes, and strengthen digital capabilitiesRamnath BalasubramanianNew YorkLeads McKinsey’s work globally in Life insurance and RetirementZachary SurakNew JerseyCounsels executives in the financial services sector and beyond, with deep experience in operational transformation programs anchored on lean management practices that improve customer experience and drive a culture of continuous improvementSebastian KohlsNew YorkAdvises insurance companies on strategy, growth programs, and transformations of their pricing and underwriting capabilitiesRelated Case StudiesCase studyAviva: Rewiring the insurance claims journey with AIBy instilling a digital first culture augmented by AI, Aviva is settling claims faster, more accurately, and with better outcomes for customersCase studyAllianz Direct: Advancing as Europe’s leading digital insurerIn this case study, we look at how Allianz Direct, one of Europe’s largest insurance providers, completed a unique end-to-end digital transformation.See all case studies*Increase in total shareholder return from Vince Tizzio’s appointment as CEO of AXIS on May 3, 2023 to December 11, 2023, sourced via Factset. A conversation with President and CEO of AXIS Capital, Vince Tizzio Vince sat down with McKinsey Senior Partner Ari Libarikian to offer a look inside the company’s digital acceleration, his approach to modern leadership, and the steps AXIS is taking to stay resilient, innovative, and globally connected in the age of AI. Digital TransformationMove into innovation for the next era with excellenceGet in touchAbout usOur expertsAri LibarikianNew YorkAdvises companies on building thriving businesses, helping organizations to grow, improve business processes, and strengthen digital capabilitiesRamnath BalasubramanianNew YorkLeads McKinsey’s work globally in Life insurance and RetirementZachary SurakNew JerseyCounsels executives in the financial services sector and beyond, with deep experience in operational transformation programs anchored on lean management practices that improve customer experience and drive a culture of continuous improvementSebastian KohlsNew YorkAdvises insurance companies on strategy, growth programs, and transformations of their pricing and underwriting capabilitiesRelated Case StudiesCase studyAviva: Rewiring the insurance claims journey with AIBy instilling a digital first culture augmented by AI, Aviva is settling claims faster, more accurately, and with better outcomes for customersCase studyAllianz Direct: Advancing as Europe’s leading digital insurerIn this case study, we look at how Allianz Direct, one of Europe’s largest insurance providers, completed a unique end-to-end digital transformation.See all case studies*Increase in total shareholder return from Vince Tizzio’s appointment as CEO of AXIS on May 3, 2023 to December 11, 2023, sourced via Factset.