World News: 14:00 GMT Monday 11th February 2019. [AXIS Capital Holdings Limited via Businesswire via SPi World News]
AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS), today announced the hiring of Robert “Bob” Quane as Head of Underwriting and Portfolio Optimization. In this newly created role, Mr. Quane will be responsible for leading the Company’s Group Underwriting function, while working in partnership with its business segments. This will include establishing and maintaining AXIS’ group-wide underwriting framework, guidelines and policies, in addition to overseeing its portfolio optimization process. Mr. Quane will also manage the Company’s group-wide exposure-management and underwriting risk frameworks and chair its peril/product boards. He will report to Eric Gesick, Group Chief Underwriting Officer at AXIS, and will be based in the Company’s New York office.
“Bob is a proven global insurance leader with extensive underwriting experience spanning a range of business lines across multiple international markets,” said Mr. Gesick. "Working alongside the leadership in our business segments, Bob’s experience and expertise will be key to helping us shape and implement a more rigorous and disciplined approach to underwriting and underwriting risk management.”
Mr. Quane joins AXIS following a 22-year career at AIG where he held several underwriting management and actuarial positions. Most recently, he was Head of Global Commercial Property at AIG, following time spent serving as the company’s Head of Global Group Personal Insurance and Chief Operating Officer for International Personal Lines. Mr. Quane worked variously in AIG’s New York, Paris, London and Frankfurt offices, including roles as Head of European Commercial Lines Auto and Head of Regional Risk Management for UK and Ireland. He started his insurance career in actuarial roles for Allstate Insurance.
Mr. Quane is a Fellow of the Casualty Actuarial Society, a member of the American Academy of Actuaries and a Member of the Actuarial Advisory Board at the University of Illinois.
About AXIS Capital
AXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders’ equity at December 31, 2018, of $5 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.
Business Wire: 14:00 GMT Monday 11th February 2019
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