This is an interesting move from Ardonagh;
The Ardonagh Group announces the launch of Axiiem, a new insuretech business designed to connect data, distribution and capacity more intelligently across specialty insurance.
Built using proprietary technology developed in-house over a number of years, Axiiem is designed to bring greater speed, transparency and efficiency to the placement process – helping brokers, carriers and clients access and deploy capacity in a more connected and data-led way.
The business will build on the portfolio success, with an initial focus on digital trading and capacity solutions for key distribution partners in selected markets.
Axiiem reflects Ardonagh’s continued investment in data, technology and digital trading capabilities, and launches at a time when the market is placing greater emphasis on smarter distribution, faster access to capacity and more efficient underwriting workflows.
Digital and algorithmic underwriting models have become a growing feature of the Lloyd’s market, where enhanced underwriting and digital follow capabilities are being used to simplify placement and improve speed to quote.
James Masterton will lead Axiiem as Executive Chairman.
Commenting on the launch, James Masterton said: “Axiiem has been built to solve a clear market need. We are creating a more dynamic way to connect data, distribution and capacity. That means greater immediacy for clients and brokers, and a more efficient route to product and portfolio distribution for carriers. The opportunity is not just to digitise existing activity, but to improve how business flows through the market attracting shares of portfolios to London that historically remained in domestic markets.”
Masterton added: “This is the product of years of investment in data, trading infrastructure and specialist expertise. We have built Axiiem to be sophisticated, scalable and practical – a business that can help carriers respond faster, help brokers and clients access solutions more efficiently and create a stronger digital trading environment.”
David Ross, Chief Executive of Ardonagh Group, said: “Seven years ago we made a deliberate bet – if we could truly understand our premium across a global portfolio, we could build the capability to give us enhanced tools for our clients and markets. Our early investment in our data centre created a data rich environment which has transformed our ability to operate as a business, in an ever-changing risk landscape. We built the data capability, we built the analytics, and when we announced the creation of Ardonagh Intelligence early in 2025, we did so because we were building the AI tools to accelerate from an already market leading position. Over the last two years we have embedded digital and portfolio placement into our thinking.”
“What emerged from this investment is a series of digitally enabled facilities that are genuinely first of their kind, pioneering in their scope and the beginning of what we believe to be a very significant moment in our industry. Axiiem is a natural next step — a tech-enabled trading exchange, built on seven years of proprietary data and capability, that we’re now unleashing as a business in its own right. We are very proud to be able to bring the business to the market and allow it to drive change from within our portfolio and bring market leading solutions to our customers.”
Further updates on Axiiem’s rollout and capabilities will follow in due course.
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