Art Bocek Named Vice President, Reinsurance for AXIS Global & Health - Insurance News | InsuranceNewsNet

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December 30, 2009 Newswires
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Art Bocek Named Vice President, Reinsurance for AXIS Global & Health

AXIS Global Accident & Health announced that Art Bocek has joined the division of AXIS Capital as Vice President, Reinsurance. Mr. Bocek brings over 20 years of reinsurance underwriting management experience to his role.

Mr. Bocek joins AXIS from Endurance Worldwide Reinsurance Corporation, where he worked for six years. During this time, he managed the integration and development of Endurance's worldwide accident reinsurance portfolio originated in the U.S., London, Singapore and Zurich. Prior to Endurance, he served as Vice President of the accident divisions of both PMA Re and American United Life Reinsurance Management Services.

"We are very pleased that Art has joined our reinsurance underwriting team in AXIS Global Accident & Health," says Chris DiSipio, CEO of AXIS Global Accident & Health. "We believe his extensive experience, relationships and industry knowledge will contribute significantly as we continue to build out our global accident and health platform."

AXIS Global Accident & Health will be available to provide reinsurance coverage on a quota share, excess of loss and aggregate excess of loss basis beginning in January 2010. Coverages underwritten will include Corporate Personal Accident and Business Travel Accident products, Association/Affinity programs, Student Accident and Catastrophic Health products. In addition, in early 2010, the division expects to offer U.S. insurance products including Personal Accident, Business Travel Accident, Student Accident and Sickness and Special Risks, including youth activities, day care and non-profit groups. When available, these products will be offered to employer/employee and affinity groups as well as financial institutions, including banks, credit card issuers and credit unions.

Headquartered in Princeton, NJ, AXIS Global Accident & Health is a division of AXIS Capital. For more information on AXIS Global Accident & Health, contact Michael Updyke, Marketing Manager, at 609-865-2120 or visit www.axiscapital.com/Accident.

AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders' equity at September 30, 2009 of $5.4 billion and locations in Bermuda, the United States, Europe, Singapore, Canada and Australia. Its operating subsidiaries have been assigned a rating of "A+" ("Strong") by Standard & Poor's and "A" ("Excellent") by A.M. Best. AXIS Capital has been assigned a senior unsecured debt rating of A- (stable) by Standard & Poor's and Baa1 (stable) by Moody's Investors Service. For more information about AXIS Capital, visit our website at www.axiscapital.com.

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