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AXIS Insurance Expands US Renewables Team With New Hires

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AXIS Insurance, part of AXIS Capital Holdings Limited (NYSE:AXS), announced three key appointments within its US Renewables team to enhance relationships with brokers and develop new business opportunities. Becky Nace-Grover was appointed as Senior Underwriter, Kamran Hameed as Cross-Class Underwriter, and German Torres as Underwriter. These roles are critical due to the growing demand in the renewable energy sector, particularly wind, solar, and battery storage projects in the US. These strategic hires aim to strengthen the company’s service delivery in this expanding market.

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  • Appointment of experienced underwriters will enhance service in the growing renewable energy market.
  • Strategic hires align with the increasing demand for wind, solar, and battery storage projects.
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PEMBROKE, Bermuda--(BUSINESS WIRE)-- AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS), today announced three appointments within its US Renewables team, effective immediately. Becky Nace-Grover joins AXIS as a Senior Underwriter, Kamran Hameed joins as a Cross-Class Underwriter, and German Torres joins as an Underwriter. Their responsibilities will include strengthening new and existing broker and partner relationships, as well as developing new business opportunities to continue delivering high-level customer service.

“Given the continued growth of wind, solar and battery energy storage projects in the United States, we are expanding the size of our underwriting team to meet the needs of our insureds and broker partners alike. With their combined industry knowledge and expertise, Becky, Kamran and German will play a vital role in helping us meet the demands of the growing renewable energy market. I am delighted to welcome them to the team,” said Sam Walsh, Head of US Renewable Energy.

Ms. Nace-Grover was previously President of Niche Underwriting at ProSight Specialty Insurance where she oversaw various specialty portfolios, including the Solar Contractor program. Prior to that, she spent six years at GCube Insurance Services as an Underwriter focusing on Wind and Solar clients. She will be based in New York and report to Mr. Walsh.

Mr. Hameed was most recently a Senior Underwriter at Alta Risk LLC, where he worked with an array of renewable energy contractors. Prior to that, he was an Underwriter at AIG for six years. In his new role, Mr. Hameed will be based in Kansas City and report to Mr. Walsh.

Mr. Torres is transferring internally from the AXIS Property and Energy team, where he has underwritten property, political risk and renewable energy business based in Latin America. Prior to joining AXIS in 2019, Mr. Torres was a Property Underwriter at Hannover Re for five years. He is based in San Francisco and also reports to Mr. Walsh.

About AXIS Capital

AXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders' equity of $5.4 billion at June 30, 2021, and locations in Bermuda, the United States, Europe, Singapore and Canada. Its operating subsidiaries have been assigned a 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.

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Investors

Matt Rohrmann

AXIS Capital Holdings Limited

investorrelations@axiscapital.com

(212) 940-3339

Media

Anna Kukowski

AXIS Capital Holdings Limited

anna.kukowski@axiscapital.com

(212) 715-3574

Source: AXIS Insurance

FAQ

What recent appointments were made by AXIS Capital's US Renewables team?

AXIS Capital announced the appointments of Becky Nace-Grover as Senior Underwriter, Kamran Hameed as Cross-Class Underwriter, and German Torres as Underwriter.

How does AXIS Capital plan to address the growing renewable energy market?

AXIS Capital is expanding its underwriting team to strengthen relationships with brokers and meet the increasing demands of the renewable energy sector.

What is the significance of the new hires for AXIS Capital (AXS)?

The new hires are expected to enhance customer service and help AXIS Capital capitalize on the growth opportunities in the renewable energy market.

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Insurance - Specialty
Fire, Marine & Casualty Insurance
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United States of America
PEMBROKE