Vincent C. Tizzio Becomes President and CEO of AXIS Capital
May 04 2023 - 9:45AM
Business Wire
AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”)
(NYSE: AXS) announced that Vincent C. Tizzio today assumed the role
of President and CEO of AXIS as part of a planned leadership
transition, first announced in December 2022, and timed to the
Company’s Annual General Meeting held at its corporate headquarters
in Bermuda this morning. Mr. Tizzio succeeds longtime AXIS
President and CEO Albert Benchimol, who will continue to serve as a
strategic advisor to the Company through year end.
“On behalf of the Board of Directors and our entire team at
AXIS, we couldn’t be more excited to name Vince as the Company’s
President and CEO. Vince is a stellar leader who brings the vision,
expansive specialty underwriting knowledge, and passion needed to
take our Company to the next level. He is also an excellent people
leader who perfectly embodies the Company’s culture and values,”
said Henry Smith, Chair of the AXIS Board of Directors. “The Board
and I are grateful to Albert Benchimol for the leadership that he
brought to AXIS for close to 13 years. Under Albert’s direction,
AXIS transformed and refocused as a specialty leader, cultivating a
strong and vibrant workplace culture, while taking crucial steps
forward in building a pathway to lasting profitable growth.”
Mr. Tizzio first joined AXIS in January of 2022 as Senior
Advisor – Insurance Market Strategy and future Insurance CEO,
reporting directly to Mr. Benchimol. In June 2022, Mr. Tizzio was
promoted to CEO Specialty Insurance and Reinsurance, overseeing all
business lines and front-end operations.
“I’m deeply honored to be named President and CEO of AXIS and to
have the opportunity to build on the foundation established by
Albert and the team. I express my gratitude to Albert, Henry, the
Board of Directors, and our colleagues worldwide for placing their
trust in me,” said Mr. Tizzio. “It’s my strong belief that we are
only just beginning to tap into our potential as a great
underwriting company that stands apart for the specialty expertise
and acumen of our people, and the value that we provide to our
customers. In the current dynamic market, there is a greater need
than ever for the tailored specialty insurance products and
services that we offer.”
Mr. Benchimol commented, “Serving as President and CEO of AXIS
has been the highlight of my career. Words cannot express the
gratitude that I feel towards my colleagues at AXIS, as well as to
our brokers and partners, for their partnership, commitment, and
friendship. I’m proud of all that we accomplished and excited for
the future that stands before AXIS. In Vince we have a fantastic
leader who has the vision and ability to take AXIS to even greater
levels of success.”
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 $5.0 billion at March 31, 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. For more information about AXIS Capital, visit our website at
www.axiscapital.com.
Follow AXIS Capital on LinkedIn and Twitter.
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version on businesswire.com: https://www.businesswire.com/news/home/20230504005211/en/
Investor Contact Miranda Hunter +1 (441) 405-2635
investorrelations@axiscapital.com Media Contact Nichola
Liboro +1 (917) 705-4579 Nichola.liboro@axiscapital.com
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