January 22, 2025 Newswires

Axcelus Financial Names Keith Stock Chief Executive for Bermuda Companies

Business Wire

HAMILTON, Bermuda--(BUSINESS WIRE)--
Axcelus Financial (“Axcelus”) has named Keith Stock Chief Executive Officer for its Bermuda-based Class-C Insurance companies: Axcelus Financial Life Ltd., Axcelus Financial Global Insurance Ltd., Axcelus Financial Life Insurance Company (Bermuda) Ltd, and holding company Axcelus Financial Holdings Ltd. The Class C insurance companies are leading international providers of private placement life insurance, individual variable annuities and institutional group annuities placed through an international network of financial advisors and distributors. Mr. Stock also serves as a Director of Axcelus. His appointment comes after a year of strong international growth for Axcelus following its successful rebrand in January 2024.

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Keith Stock (Photo: Business Wire)

Mr. Stock has more than thirty years of experience in leading insurance, banking, financial services and securities firms. Prior to joining Axcelus, he has served as Chairman and Chief Executive Officer of Worldwide Reinsurance Limited, Executive Chairman of Clarien Bank Limited, Chief Strategy Officer of U.S.-based insurer TIAA, and President of Mastercard Advisors, the card services, information and insurance unit of Mastercard Worldwide.

Tom Considine, Chairman of the Board of Axcelus, said, “Keith’s financial services knowledge, extensive distribution and marketing experience, many international relationships and proven executive know-how will be invaluable to the company as it transitions to its next stage of international growth and development.”

About Axcelus Financial

Axcelus Financial is a leader in the international insurance and annuities industry with more than thirty years of experience providing private placement life insurance, individual variable annuity and institutional group variable annuity products to ultra-high net worth individuals, family offices and institutions such as pensions and employee benefit programs through an international network of financial advisors and distributors.