Inside the Strategy Room 259. Risk, Resilience, and Innovation: Insights from AXIS Capital's Vincent Tizzio
Jul 10, 2025
Vince Tizzio, the President and CEO of AXIS, leads a discussion on transformational leadership within the insurance sector. He emphasizes the importance of adapting to complex risks, such as cyber threats and natural disasters. Tizzio shares insights on customizing insurance solutions using AI to meet diverse client needs effectively. He also highlights the role of inclusive leadership and transparent communication, especially in a post-pandemic world, showcasing how this approach can align a company’s culture with strategic goals.
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Risk Awareness for CEOs
- CEOs must consider cyber risks, natural catastrophes, and energy resilience as core business vulnerabilities today.
- Boards also have liability to ensure companies manage these risks appropriately to avoid breaches in governance.
Board's Support Despite Doubts
- Vince Tizzio shared how the board initially found his transformation plan overly ambitious yet chose to believe in and support him.
- He engaged the board continuously, involving them in culture, skills, and customer experience changes.
Lead With Transparency and Vision
- Be transparent and honest with your team about current challenges to build trust and rally support.
- Share a clear vision and celebrate early wins to create belief and momentum for change.
