PEMBROKE, Bermuda & ALPHARETTA, Ga.--(BUSINESS WIRE)--AXIS Insurance, a business segment of AXIS Capital Holdings Limited (NYSE:AXS), announced today the appointment of Marc Nance to Executive Vice President, Excess & Surplus Property. Mr. Nance is responsible for growing and managing AXIS Insurance’s E&S Property business in the U.S., including further diversifying the E&S Property portfolio and developing its strategic broker relationships. He replaces the recently retired Chris Endsley, and reports directly to Carlton Maner, CEO of the U.S. Division for AXIS Insurance. Mr. Nance is based out of AXIS’ Chicago office.
Commenting on the appointment, Mr. Maner said, “Marc is uniquely qualified to lead and grow our E&S Property business. He brings a wealth of commercial property insurance experience and knowledge to the role, as well as a deep understanding of AXIS’ business. Under his leadership, we expect that AXIS will continue to build upon what is already a balanced and high-quality book of business.”
Mr. Nance, who has 40 years of experience in the insurance industry, is one of AXIS’ longest-tenured employees, having joined the Company in January 2003 following its acquisition of Combined Specialty Insurance Company. He previously served as Executive Vice President, U.S. Property, after having joined AXIS as a Senior Vice President, E&S Property. He began his career at The Hartford, and also held various management-level retail and commercial property insurance roles at Lexington Insurance Company (now part of AIG), AIG and Chubb. Mr. Nance earned his bachelor’s degree in communications from Boston University and received a master’s degree from Cleveland State University.
About AXIS Capital
AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders’ equity at March 31, 2017, of $6.2 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. Please be sure to follow AXIS Capital on LinkedIn.
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.