AXIS Insurance Hires James Martin and Appoints Russ Madore as Vice Presidents within Its U.S. Property and
Casualty Team
AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE:AXS) today 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.
AXIS Capital Holdings Limited
Investors:
Linda Ventresca, 441-405-2727
info@axiscapital.com
or
Media:
Keith Trivitt, 212-715-3557 / 646-703-2954
keith.trivitt@axiscapital.com
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