David Forbes
David French
Harwell Capital

Matthew Fosh

AXIS Capital

London, UK

Executive Chair, Europe

AXIS Capital

Matthew Fosh
Matthew Fosh joined the Novae Group as Chief Executive Officer in November 2002. He graduated from Cambridge University in 1979, where he won blues for cricket and rugby, and played as a professional cricketer with Essex. He joined the City in 1983 and following six years in the London stock market he moved into derivatives, where in 1989 he co-founded his own derivative trading business, Seagray Fosh Ltd. He sold this business in 2002 to ICAP plc and moved to the insurance industry as CEO of Novae Group. He sits on the Council of Lloyd’s and he is a Governor of Harrow School.

Personal Business Advice

"Do something today that your future self will thank you for."

Matthew Fosh’s Newsfeed

18 Oct 2017
AXIS Capital completes acquisition of Novae Group

Following the acquisition, Novae CEO Matthew Fosh will become AXIS Capital’s Executive Chair, Europe, and will report to AXIS Capital President and CEO Albert Benchimol. Novae will adopt the AXIS brand and its insurance business will be merged into AXIS’ international insurance division, led by its CEO, Mark Gregory, who reports to Pete Wilson, CEO of AXIS Insurance.

13 Sep 2017
Novae closes casualty division

Chief executive Matthew Fosh (pictured) said: “We have completed the underwriting transformation of Novae into a focused Lloyd’s business, which has included the withdrawal from certain Casualty classes where we deem future profitability to be unsustainable.“The soft market, several years in the making, is now entrenched, and combined ratios above 100% will be commonplace. Establishing a point of differentiation in today’s market is critical – the group’s strategy over the past three years has been to pursue that goal.”

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Matthew Fosh’s Background

Executive Chair, Europe
Oct 2017 - Present
AXIS is a global insurer and reinsurer that provides clients and distribution partners with a broad range of specialized risk transfer products and services.
Chief Executive Officer
2002 - 2017
London, UK
Novae Group plc is an insurance underwriting company headquartered in London. The Company was founded in 1986 as SVB Holdings plc and changed its name to Novae Group plc in 2006.
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Other Business Interests

Council Member
2010 - Present
London, UK
Lloyd's is an insurance market located in London's primary financial district, the City of London. Unlike most of its competitors in the industry, it is not a company but instead a corporate body governed by the Lloyd's Act of 1871 and subsequent Acts of Parliament.
1995 - Present
London, UK
The leading professional body for securities, investment, wealth and financial planning professionals.
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Matthew Fosh’s Education

Modern Languages/Land Economy Degree, 2:2
1976 - 1979
Harrow School logo Harrow School logo
Harrow School
1971 - 1976