AXIS Insurance, the insurance business segment of AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS) has announced that James “Jay” Hamilton has been appointed to the newly created role of Global Head of Accident & Health Insurance, effective immediately. In this role, Mr. Hamilton will be responsible for leading AXIS Insurance’s Accident & Health business in both the U.S. and international markets. Mr. Hamilton will report directly to AXIS Insurance CEO Peter Wilson and will be based in Chicago.
“Jay has built a strong reputation within the Accident & Health insurance market and is a trusted partner to many of our most strategic A&H brokers and clients,” said Mr. Wilson. “His appointment to Global Head of A&H Insurance reaffirms our commitment to ensuring we remain a valued partner to our clients and brokers in the Accident & Health insurance market. We look forward to the leadership contributions Jay will make in this new role.”
A 30-year insurance industry leader, Mr. Hamilton joined AXIS in 2010. He served for eight years as Executive Vice President and CEO, North America Insurance, for the Company’s Accident & Health business unit. Prior to joining AXIS, he spent 10 years at Chubb, where he was responsible for the firm’s North American Accident & Health business. He was previously Vice President of CNA’s Group Accident Insurance and Reinsurance product lines in the U.S. and Canada.
AXIS Insurance’s Accident & Health business provides a broad portfolio of accident, specialty health and travel-related insurance solutions.
AXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders’ equity at June 30, 2018, of $5.3 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.