AXIS Insurance Announces U.S. Programs, Property & Casualty Appointments

Tim McGee Advances to SVP, U.S. Programs Underwriting Officer; Franklin Maccotan Hired as VP, U.S. Programs

PEMBROKE, Bermuda & ALPHARETTA, Ga.--()--AXIS Capital Holdings Limited and its operating subsidiaries (“AXIS Capital”) (NYSE:AXS) today announced two appointments within the U.S. Programs, Property & Casualty team of its AXIS Insurance business unit: Tim McGee has advanced to the role of Senior Vice President, U.S. Programs Underwriting Officer; and the Company has hired Franklin Maccotan as Vice President, U.S. Programs. Both Mr. McGee and Mr. Maccotan report to John Tatum, Executive Vice President and Head of U.S. Programs, AXIS Insurance.

In his newly created role, Mr. McGee is responsible for helping guide strategic direction and underwriting best practices across AXIS’ U.S. Programs business. Previously, he served as SVP, Program Manager for AXIS, and he will continue to work in the Company’s Alpharetta, Georgia, office. A 30-year industry veteran, Mr. McGee joined AXIS in 2010.

“During his seven years at AXIS, Tim has demonstrated exceptional leadership skills and has led a number of our key initiatives for our U.S. Programs business,” said Mr. Tatum. “His combined management experience, underwriting expertise and product knowledge will help AXIS further develop more advanced offerings for our clients as our team continues to grow.

“In hiring Franklin, we are bringing onboard a proven talent within the property and casualty space, who has extensive knowledge of the complex risks associated with these programs. Franklin’s track record of success and broad range of experience will further strengthen our team as we continue to expand.”

Also serving in a newly created role, Mr. Maccotan is responsible for the oversight of select programs in the Property and Casualty sector and is based in Seattle.

Mr. Maccotan has more than 20 years of insurance experience, including 14 years in the P&C sector. He joins AXIS from Seattle-based Berkley North Pacific (a Berkley Company), where he led the home-office underwriting team. Previously, he worked at CNA, where his roles included serving as the company’s Manufacturing Segment’s Assistant Vice President for the Western Zone.

About AXIS Capital

AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders’ equity at June 30, 2017 of $5.9 billion and locations in Bermuda, the United States, Europe, Singapore, Middle East, Canada and Latin America. Its operating subsidiaries have been assigned a rating of “A+” (“Strong”) by Standard & Poor’s and “A+” (“Superior”) by A.M. Best. For more information about AXIS Capital, visit our website at www.axiscapital.com. Follow AXIS Capital on LinkedIn and Twitter.

About AXIS Insurance

AXIS Insurance — a business segment of AXIS Capital Holdings Limited (NYSE:AXS) — provides Property & Casualty, Professional Lines, Terrorism, Marine, Energy, Aviation, Credit & Political Risk, Environmental, Accident & Health coverages and other customized insurance solutions. Our products are offered through our distribution partners, which include wholesale brokers, retail brokers and designated managing general agents/underwriters (“MGAs”/”MGUs”) in the U.S. and abroad. Coverages are backed by the financial strength and security of the AXIS Insurance Companies, rated “A+” (Strong) by Standard & Poor’s and “A+” (Superior) XV by A.M. Best. For more information, visit our website at http://www.axiscapital.com/en-us/insurance.

Contacts

Investor
AXIS Capital Holdings Limited
Linda Ventresca, (441) 405-2727
investorrelations@axiscapital.com
or
Media
AXIS Capital Holdings Limited
Keith Trivitt, (212) 715-3557
keith.trivitt@axiscapital.com

Release Summary

AXIS Capital announced that Tim McGee has advanced to SVP, U.S. Programs Underwriting Officer; and Franklin Maccotan was hired as VP, U.S. Programs

Contacts

Investor
AXIS Capital Holdings Limited
Linda Ventresca, (441) 405-2727
investorrelations@axiscapital.com
or
Media
AXIS Capital Holdings Limited
Keith Trivitt, (212) 715-3557
keith.trivitt@axiscapital.com