Paul Cullum Named Head of Business Development for AXIS Insurance International Division

Business Wire 25-Sep-2018 8:30 AM

AXIS Insurance, the insurance business segment of AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS), today announced that Paul Cullum has been appointed to the newly created role of Head of Business Development for AXIS Insurance International Division. Mr. Cullum will be responsible for helping to deliver a 360-degree approach to product distribution in the London market and at Lloyd's, including the deployment of cross-class solutions in certain lines of business.

"Paul has built a strong reputation within the London specialty insurance market and is a trusted partner to many of our most strategic brokers," said Edward Ashby, Global Head of Distribution and Marketing for AXIS Insurance. "His appointment as Head of Business Development for AXIS Insurance International Division reflects our commitment to being a superior partner to our London market brokers. We look forward to the contributions Paul will make in this new role as we seek to deliver more mutually beneficial cross-class solutions for our distribution partners."

Mr. Cullum brings 35 years' experience to the Head of Business Development position for AXIS Insurance International Division. Previously, he served for seven years as Head of London MGA at AXIS. Prior to joining AXIS in 2010, Mr. Cullum was the Head of Open Market Underwriting at Markel International. He has also held underwriting and broking roles in both specialty insurance and reinsurance at Sedgwick Forbes, Copenhagen Re (UK), Euclidian Lloyd's Syndicate 1243, Cooper Gay and Bowring Marsh.

Mr. Cullum will report to Mr. Ashby, and will continue to be based in London.

About AXIS Capital

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. For more information about AXIS Capital, visit our website at www.axiscapital.com.

Follow AXIS Capital on LinkedIn and Twitter.

About AXIS Insurance

AXIS Insurance – the insurance business segment of AXIS Capital Holdings Limited (NYSE:AXS) – provides Property & Casualty, Professional Lines, Terrorism, Marine, Energy, Aviation, Credit & Political Risk, Environmental, Accident & Health coverages and other customized insurance solutions. Our products are offered through our distribution partners, which include wholesale brokers, retail brokers and designated managing general agents/underwriters ("MGAs"/"MGUs") in the U.S. and abroad. Coverages are backed by the financial strength and security of the AXIS Insurance Companies, rated "A+" (Strong) by Standard & Poor's, and "A+" (Superior) by A.M. Best. For more information, visit our website at www.axiscapital.com/insurance.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180925005269/en/