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AXIS Appoints Pranav Shroff to Lead Life Sciences in North America

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AXIS Capital Holdings (NYSE: AXS) has announced the appointment of Pranav Shroff as Head of Life Sciences in North America. Shroff will lead the development of specialty coverages for the life sciences industry, focusing initially on Products Liability, Professional Liability, and Clinical Trials Liability. His responsibilities include executing the underwriting strategy, cultivating relationships with distribution partners, and building a team to support this initiative.

Shroff brings extensive underwriting experience and knowledge of life sciences from his previous roles at The Doctors Company Specialty Underwriters, Chubb, ACE, and CNA. He will be based in New York and report to Michael McKenna, Head of AXIS North America. This move marks an important milestone in AXIS North America's growth strategy, aiming to become the leading specialty carrier in chosen markets.

AXIS Capital Holdings (NYSE: AXS) ha annunciato la nomina di Pranav Shroff come Responsabile delle Scienze della Vita per il Nord America. Shroff guiderà lo sviluppo di coperture specialistiche per l'industria delle scienze della vita, concentrandosi inizialmente su Responsabilità Prodotti, Responsabilità Professionale e Responsabilità per Sperimentazioni Cliniche. Le sue responsabilità includono l'esecuzione della strategia di underwriting, la coltivazione di relazioni con i partner distributivi e la creazione di un team per supportare questa iniziativa.

Shroff porta con sé un'ampia esperienza in underwriting e conoscenze nel campo delle scienze della vita grazie ai suoi precedenti incarichi presso The Doctors Company Specialty Underwriters, Chubb, ACE e CNA. Sarà basato a New York e riferirà a Michael McKenna, Responsabile di AXIS North America. Questa mossa rappresenta una pietra miliare importante nella strategia di crescita di AXIS North America, con l'obiettivo di diventare il principale operatore specializzato nei mercati selezionati.

AXIS Capital Holdings (NYSE: AXS) ha anunciado el nombramiento de Pranav Shroff como Jefe de Ciencias de la Vida en América del Norte. Shroff liderará el desarrollo de coberturas especializadas para la industria de las ciencias de la vida, enfocándose inicialmente en Responsabilidad de Productos, Responsabilidad Profesional y Responsabilidad por Ensayos Clínicos. Sus responsabilidades incluyen ejecutar la estrategia de suscripción, cultivar relaciones con socios de distribución y construir un equipo para apoyar esta iniciativa.

Shroff aporta una amplia experiencia en suscripción y conocimientos sobre ciencias de la vida de sus roles anteriores en The Doctors Company Specialty Underwriters, Chubb, ACE y CNA. Estará basado en Nueva York y reportará a Michael McKenna, Jefe de AXIS North America. Este movimiento marca un hito importante en la estrategia de crecimiento de AXIS North America, con el objetivo de convertirse en el principal transportista especializado en los mercados seleccionados.

AXIS Capital Holdings (NYSE: AXS)는 Pranav Shroff를 북미 생명과학 책임자로 임명했다고 발표했습니다. Shroff는 생명과학 산업을 위한 전문 보장의 개발을 주도하며, 제품 책임, 전문인 책임, 임상 시험 책임에 처음 집중할 것입니다. 그의 책임은 언더라이팅 전략의 실행, 유통 파트너와의 관계 구축, 그리고 이 이니셔티브를 지원할 팀을 구성하는 것을 포함합니다.

Shroff는 The Doctors Company Specialty Underwriters, Chubb, ACE, CNA에서의 이전 역할을 통해 생명과학에 대한 풍부한 언더라이팅 경험과 지식을 가지고 있습니다. 그는 뉴욕에 본사를 두고 Michael McKenna, AXIS North America의 책임자에게 보고할 것입니다. 이는 AXIS North America의 성장 전략에서 중요한 이정표를 의미하며, 선택한 시장에서 선도적인 전문 운송업체가 되는 것을 목표로 하고 있습니다.

AXIS Capital Holdings (NYSE: AXS) a annoncé la nomination de Pranav Shroff en tant que Responsable des Sciences de la Vie en Amérique du Nord. Shroff dirigera le développement des couvertures spécialisées pour l'industrie des sciences de la vie, en se concentrant initialement sur Responsabilité des Produits, Responsabilité Professionnelle et Responsabilité des Essais Cliniques. Ses responsabilités comprennent l'exécution de la stratégie de souscription, l'établissement de relations avec les partenaires de distribution et la création d'une équipe pour soutenir cette initiative.

Shroff apporte une vaste expérience en souscription et des connaissances des sciences de la vie grâce à ses précédents postes chez The Doctors Company Specialty Underwriters, Chubb, ACE et CNA. Il sera basé à New York et rendra compte à Michael McKenna, Responsable d'AXIS North America. Ce mouvement marque une étape importante dans la stratégie de croissance d'AXIS North America, visant à devenir le leader des assureurs spécialisés sur les marchés choisis.

AXIS Capital Holdings (NYSE: AXS) hat die Ernennung von Pranav Shroff zum Leiter der Lebenswissenschaften in Nordamerika bekannt gegeben. Shroff wird die Entwicklung von Spezialdeckungen für die Lebenswissenschaftsindustrie leiten, wobei der Fokus zunächst auf Produkthaftung, Berufs Haftung und Haftung bei klinischen Studien liegen wird. Zu seinen Aufgaben gehört die Umsetzung der Underwriting-Strategie, der Aufbau von Beziehungen zu Vertriebspartnern und die Bildung eines Teams zur Unterstützung dieser Initiative.

Shroff bringt umfassende Erfahrung im Underwriting und Wissen über Lebenswissenschaften aus seinen früheren Rollen bei The Doctors Company Specialty Underwriters, Chubb, ACE und CNA mit. Er wird seinen Standort in New York haben und an Michael McKenna, Leiter von AXIS North America, berichten. Dieser Schritt markiert einen wichtigen Meilenstein in der Wachstumsstrategie von AXIS North America, die darauf abzielt, der führende Spezialanbieter in den ausgewählten Märkten zu werden.

Positive
  • Expansion into the niche life sciences industry practice area
  • Appointment of an experienced leader in life sciences underwriting
  • Development of new specialty coverages for the life sciences sector
  • Potential for growth in AXIS North America's market position
Negative
  • None.

PEMBROKE, Bermuda--(BUSINESS WIRE)-- AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or the “Company”) (NYSE: AXS) today announced that Pranav Shroff has joined the Company as Head of Life Sciences in North America.

Mr. Shroff will lead the development of a suite of specialty coverages in support of the life sciences industry, with an initial focus on Products Liability, Professional Liability, and Clinical Trials Liability. His responsibilities include executing on the underwriting strategy, cultivating relationships with our distribution partners in this specialty segment, and building a team to support this initiative.

Bringing extensive underwriting experience and knowledge of life sciences, Mr. Shroff joins AXIS from The Doctors Company Specialty Underwriters where he was Vice President. He also previously worked at Chubb, ACE, and CNA. Mr. Shroff will be based in New York and will report to Michael McKenna, Head of AXIS North America.

"The launch of our Life Sciences offering under Pranav's direction marks another exciting milestone in the growth story of AXIS North America. This expansion into the niche life sciences industry practice area is a natural progression of our ambitions to be the leading specialty carrier in our chosen markets," commented Mr. McKenna. "Pranav has the experience and leadership to build our underwriting capabilities and develop strong ties in this space with our distribution partners thereby elevating solutions for our customers."

About AXIS Capital

AXIS Capital, through its operating subsidiaries, is a global specialty underwriter and provider of insurance and reinsurance solutions. The Company has shareholders' equity of $5.7 billion on June 30, 2024, 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. For more information about AXIS Capital, visit our website at www.axiscapital.com. Follow AXIS Capital on LinkedIn and X Corp.

Investor

Cliff Gallant

AXIS Capital Holdings Limited

investorrelations@axiscapital.com

+1 415 262 6843



Media

Mairi MacDonald

AXIS Capital Holdings Limited

mairi.macdonald@axiscapital.com

+44 7785 280 083

Source: AXIS Capital Holdings Limited

FAQ

Who is Pranav Shroff and what is his new role at AXIS Capital (NYSE: AXS)?

Pranav Shroff has been appointed as Head of Life Sciences in North America for AXIS Capital. He will lead the development of specialty coverages for the life sciences industry, focusing on Products Liability, Professional Liability, and Clinical Trials Liability.

What specific areas will AXIS Capital (NYSE: AXS) focus on in its new life sciences offering?

AXIS Capital will initially focus on Products Liability, Professional Liability, and Clinical Trials Liability in its new life sciences offering.

How does the appointment of Pranav Shroff align with AXIS Capital's (NYSE: AXS) growth strategy?

The appointment aligns with AXIS Capital's strategy to become the leading specialty carrier in chosen markets, marking an important milestone in AXIS North America's growth story by expanding into the niche life sciences industry practice area.

Where will Pranav Shroff be based and to whom will he report at AXIS Capital (NYSE: AXS)?

Pranav Shroff will be based in New York and will report to Michael McKenna, Head of AXIS North America.

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