AXIS Insurance Welcomes Stacey Sutts as Lead Underwriter for U.S. Accident & Health

Rhea-AI Summary

AXIS Insurance has appointed Stacey Sutts as the new Lead Underwriter for U.S. Accident and Health, effective immediately. Sutts will focus on expanding partnerships and exploring growth opportunities in various coverage areas, enhancing the company's specialty A&H underwriting strategy. With over 17 years in underwriting and actuarial roles, she previously worked at Chubb and Prudential Financial. The decision reflects AXIS Capital's commitment to growth in the specialty A&H sector, as noted by James Hamilton, Global Head of A&H for AXIS Insurance.

Positive

• Stacey Sutts joins AXIS with 17 years of experience, enhancing leadership in the U.S. specialty Accident and Health sector.
• The hiring is aimed at expanding partnerships and growth opportunities in specialty A&H, potentially increasing revenue.

Negative

• None.

AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS), today announced the hiring of Stacey Sutts as Lead Underwriter for U.S. Accident and Health, effective immediately. Ms. Sutts will have responsibilities to grow and support new partnerships and assess growth opportunities in additional areas of coverage. She will also lead the execution of U.S. specialty A&H underwriting strategy.

“We’re delighted to add Stacey Sutts to help advance our focused growth in U.S. specialty Accident and Health business,” said James Hamilton, Global Head of A&H for AXIS Insurance. “Stacey has a proven track record of building strong partnerships and will be an important contributor as we continue to expand our specialty A&H portfolio.”

Ms. Sutts brings more than 17 years of underwriting and actuarial experience, joining AXIS from Chubb where she was a Regional Vice President responsible for both A&H’s Underwriting and Actuarial support in Latin America. Prior, she worked at Prudential Financial in various actuarial and underwriting roles.

About AXIS Capital

AXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders' equity at December 31, 2020 of $5.3 billion 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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View source version on businesswire.com: https://www.businesswire.com/news/home/20210325005007/en/

FAQ

Who is Stacey Sutts in relation to AXIS Insurance?

Stacey Sutts is the newly appointed Lead Underwriter for U.S. Accident and Health at AXIS Insurance.

What is the focus of Stacey Sutts's role at AXIS Insurance?

Her role focuses on growing partnerships and assessing new growth opportunities in specialty Accident and Health coverage.

What experience does Stacey Sutts bring to AXIS Insurance?

Sutts brings over 17 years of underwriting and actuarial experience from her previous roles at Chubb and Prudential Financial.

When was Stacey Sutts's appointment announced?

Stacey Sutts's appointment was announced immediately effective as of the press release date.

What does this hiring mean for AXIS Capital's growth strategy?

This hiring underscores AXIS Capital's commitment to expanding its specialty Accident and Health business.