Finance

AXIS Insurance coverage Expands Mission and Plane Finance Credit score Danger Underwriting Crew

PEMBROKE, Bermuda–(BUSINESS WIRE)–AXIS Insurance coverage, the specialty insurance coverage enterprise phase of AXIS Capital Holdings Restricted (“AXIS Capital”) (NYSE:AXS), at present introduced three appointments inside its Capital Danger Options (“CRS”) staff, efficient instantly. The strikes will assist improve the unit’s London focus whereas, individually, persevering with to spend money on its presence in Asia Pacific.

The appointments embrace:

  • Jim Parker and Richard Jelf, each Senior Underwriters, have relocated to London from Bermuda and Singapore, respectively. They’ll give attention to rising the mission finance and plane finance portfolio in addition to strengthening present relationships and driving enterprise progress.
  • Shuohan Dai joins as Senior Underwriter in Singapore and can work carefully with the prevailing groups to supervise CRS’ underwriting actions in APAC.

“Jim and Richard’s in depth information of credit score danger insurance coverage together with their means to domesticate sturdy dealer relationships will allow us to speed up the enlargement of our credit score danger insurance coverage enterprise in London whereas persevering with to ship distinctive service to our shoppers,” stated Michael Silas, Head of Capital Danger Options. “Their relocation to London higher aligns our underwriting presence with rising requests for mission finance mortgage safety. It is a important a part of our underwriting experience and an indication of our continued dedication to supporting the vitality transition to renewable vitality sources, which is the principal element of our mission finance portfolio.”

Added Silas, “I’m delighted to welcome Shuohan to the staff. Her in depth expertise in Asia Pacific credit score danger underwriting and European banking, in addition to her wonderful status within the area make her a priceless addition to the worldwide CRS underwriting staff.”

Mr. Parker relocates to the AXIS London workplace after spending 12 years in Bermuda, and Mr. Jelf strikes to London after 4 years in Singapore with AXIS. They’ll report back to Mark Harwood, CRS’ Lead Underwriter primarily based in London.

Ms. Dai was beforehand Senior Business Underwriter at Euler Hermes. Previous to that, she spent 4 years at Société Générale as a Market Danger & Buying and selling Valuation Analyst. Ms. Dai will report back to Mr. Silas.

About AXIS Capital

AXIS Capital, via its working subsidiaries, is a worldwide supplier of specialty strains insurance coverage and treaty reinsurance with shareholders’ fairness of $5.4 billion at June 30, 2021, and areas in Bermuda, the US, Europe, Singapore and Canada. Its working subsidiaries have been assigned a score of “A+” (“Sturdy”) by Customary & Poor’s and “A” (“Wonderful”) by A.M. Greatest. For extra details about AXIS Capital, go to our web site at www.axiscapital.com.

Observe AXIS Capital on LinkedIn and Twitter.

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