– BERMUDA, Pembroke – AXIS Capital Holdings Limited (NYSE: AXS), today announced the appointment of Stan Galanski to its Board as an Independent Director, effective January 1, 2024.
“Stan is an outstanding addition to our Board of Directors, bringing more than 40 years of experience in the property and casualty space as a public company CEO and with C-Suite roles at leading major and mid-size insurance carriers. We will benefit from his experience guiding companies to drive underwriting excellence and operational transformation, as well as his deep knowledge of the specialty insurance space on a global scale,” said Board Chair, Henry Smith.
Stan Galanski will also join the Risk Committee.
About Stan Galanski
Mr. Galanski most recently served as President and CEO of The Navigators Group, a NASDAQ-listed global specialty insurer that he grew from $150 million in premiums to $2 billion, while leading the Company from 2003 until its 2019 acquisition by The Hartford. Previously he served for two years as CEO of Intercargo Corporation, a global NASDAQ-listed specialty insurer, until its sale to XL Capital in 1999. Mr. Galanski’s prior roles include two years as President of New Hampshire Insurance Company – an AIG subsidiary, as well as 15 years at Chubb in various management and underwriting roles.
“It is a privilege to serve on the Board of AXIS, a company with a proud history in specialty insurance, strong accelerating positive momentum in its performance, and the potential for significant profitable growth,” said Stan Galanski. “I look forward to applying my background in underwriting, operations, and transformation to support the Company in advancing its ambition to be a specialty underwriting leader.”
About AXIS
AXIS Capital, through its operating subsidiaries, is a global specialty underwriter and provider of insurance and reinsurance solutions. The Company has shareholders’ equity of $5.0 billion as of September 30, 2023, and locations in Bermuda, the United States, Europe, Singapore, and Canada. Its operating subsidiaries have been assigned a financial strength rating of “A+” (“Strong”) by Standard & Poor’s and “A” (“Excellent”) by A.M. Best.
SOURCE: https://www.axiscapital.com
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