18.09.2025
Josh McCann and Axel Swiderski join The Texel Group
18th September 2025, London: The Texel Group (“Texel”), the leading independent credit and political risk insurance broker, today announces two additions to its broking team in London: Josh McCann and Axel Swiderski.
Josh has joined as a Director. He was previously at International Finance Corporation (IFC), where he spent more than a decade in the syndications team. In this role he built new financial products to provide insurers and institutional investors with innovative ways to create emerging market credit insurance or private debt portfolios with strong ESG credentials, through IFC originated loans. He was instrumental in establishing credit insurance as a distribution option for IFC’s long tenor lending globally, both on a deal by deal and on a portfolio basis, through the managed co-lending portfolio program (MCPP). Prior to the IFC, Josh worked in Sierra Leone for Innovations for Poverty Action and the World Bank. Josh earned his MBA from the Wharton School.
Axel joined as an Associate Director from Cofarco, where he spent seven years as a credit and political risk broker and a commodity finance analyst. Prior to this he worked at BNP Paribas in the Structured Products Sales team in both Paris and Singapore. Axel has a masters from the EDHEC Business School in Corporate Finance.
Josh said: “I have known Texel for many years and have consistently been impressed by the calibre of Texel’s team and their ability to deliver innovative, bespoke insurance solutions. I’m looking forward to exploring new opportunities to attract credit insurance coverage to bankable deals in emerging markets.”
Axel said: “Texel is a unique broker in the market and it has played a key role in developing the credit risk market. Its dynamic and entrepreneurial outlook make it an exciting company to have joined and I am looking forward to working with an excellent team.
Ashleigh Cheall, Head of London Broking, said: “At Texel we are committed to delivering excellence and our people are at the heart of achieving that. Both Josh and Axel bring specialist skills and experience to Texel, enabling us to continue offering our clients and underwriting partners advice and solutions that set the standard for our industry. Our recent transition to an employee owned trust (EOT) preserves our independence and culture, meaning we attract talented people from across the financial services industry and beyond.”
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Media contact
Rebecca Young
About Texel
The Texel Group (“Texel”) is the leading independent credit and political risk specialist insurance broker based in London, with offices in Brussels, Singapore, New York and Los Angeles. We create innovative, bespoke non-payment insurance solutions for financial institutions, corporations, multilateral development banks and commodity traders.
In 2025 we cemented our independence by transitioning to 100% employee ownership through the creation of the Texel Employee Ownership Trust. This move ensures Texel’s long-term independence, protects our unique culture, and directly rewards the dedication and hard work of our employees.
In 2015 our philanthropic arm – the Texel Foundation – was established. Every year Texel allocates 10% of net profits to the Foundation, which partners with charities and social enterprises that promote health, education, social mobility and artistic opportunity. Since its formation, it has supported 100 programmes across 24 countries.
Texel received a Bronze medal from EcoVadis in 2025, a company that helps others assess and manage sustainability practices within their supply chain. Texel is also a signatory to the United Nation’s Environment Programme Finance Initiative (UNEP FI) Principles for Sustainable Insurance (PSI). The PSI initiative is the largest collaborative initiative between the UN and the insurance industry.