Bermuda-based Max Capital Group, a provider of insurance and reinsurance products, has announced the formation of Max Managers USA, a New York-based managing general underwriter that will underwrite policies written by Max Specialty Insurance Company, Max Capital's US-based excess and surplus lines platform.

Max Capital has also announced the appointment of Bernard Anckner as president of casualty of Max Managers USA, effective immediately. Mr Anckner has more than 25 years of underwriting experience. In his new role, he will be based in Max Managers USA’s New York office.

Marston Becker, chairman and CEO of Max Capital Group, said: The formation of Max Managers USA is a further step in our efforts to serve a broader range of corporate, public-sector and other customers, and to serve our customers in a broader range of ways. On behalf of all of us at Max, I want to congratulate Buddy Anckner on this important new role.