AXIS Insurance Hires James Martin and Appoints Russ Madore as Vice Presidents within Its U.S. Property and Casualty Team

Insurance Weekly News

By a News Reporter-Staff News Editor at Insurance Weekly News -- AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS) announced the respective appointments of James Martin and Russ Madore, each as Vice President, U.S. Programs, within AXIS Insurance's Property and Casualty team. Messrs. Martin and Madore will each be responsible for oversight of select AXIS Insurance programs in the Property and Casualty sector. Both are based out of the Company's Alpharetta, Georgia, office, where they report to John Tatum, Executive Vice President and Head of U.S. Programs at AXIS Insurance.

"These appointments speak to AXIS' commitment to further deepening our scale and relevance in specialty Property and Casualty programs, an area where the Company has long had a strong track record of success," said Mr. Tatum. "In Jim, we've added a highly seasoned professional and a proven leader who brings deep experience in the construction and transportation categories. We're also pleased to announce the transition of Russ to our U.S. P&C team and look forward to the insights and ideas that he will bring to the U.S. Property and Casualty team from his nearly 15 years with AXIS."

Mr. Martin has nearly four decades of insurance industry experience. Prior to AXIS, he was an Auto Product Line Specialist in Starr Companies' Environmental Division. Previously, he spent 17 years at CNA, where he was Director of Captives and managed the group captive programs for trucking and roofing, as well as its commercial insurance programs for landcare network and building equipment installation and repair. Before CNA, Mr. Martin held casualty underwriting roles at Continental National Indemnity, Northbrook Property and Casualty, Midwestern Indemnity and The Hartford. He received his Bachelor's degree in communications from John Carroll University, and holds multiple professional certifications, including: Certified Insurance Counselor, Certified Risk Manager, Construction Risk Insurance Specialist, and Transportation Risk Specialist.

Mr. Madore, who had previously held a number of senior financial positions within AXIS Insurance, is one of AXIS' longest-tenured employees, having joined the Company in November 2002. He most recently served as Vice President, Finance Officer, for AXIS Insurance's U.S. Division. He is a graduate of Kean University, where he earned his Bachelor's degree in accounting. 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. View source version on businesswire.com: http://www.businesswire.com/news/home/20170515005666/en/