Jay Hamilton to Lead AXIS Global Accident & Health's Insurance Operations

By Calvin Azuri
TMCnet Contributor

AXIS Capital Holdings Limited is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance. AXIS Global Accident & Health, a division of AXIS Capital, recently announced its entry into the insurance industry in the United States. Led by Chicago-based, James “Jay” Hamilton, Chief Executive Officer, North America Accident & Health; AXIS Global Accident & Health are now actively into marketing accident and health insurance coverage.

Some of the products marketed by AXIS Global Accident and Health include Personal Accident and Business Travel Accident for employer groups, affinity groups and financial institutions, including banks, credit card issuers and credit unions. Other products to be available later in 2010 include related insurance programs, such as Student Accident and Sickness and Special Risks, including youth activities, day care and non-profit group.

Headquartered at Princeton, New Jersey, AXIS Global Accident & Health offers accident and health insurance and reinsurance coverages for employers, affinity groups, financial institutions and other customers through insurance carriers, managing general underwriters, brokers, third party administrators, and other key distributors. The company has a significant capacity for underwriting global reinsurance risks for accident and health insurance carriers. AXIS Global Accident & Health offers a fresh, modern alternative to traditional insurance carriers. The company’s disciplined and innovative product development process helps to deliver customized, flexible accident and health products to the global market.

Jay brings to AXIS Global Accident & Health more than 20 years of accident and health experience. He also brings with him a consistent record of success in strategically growing premium and profit at leading insurers. Jay has recently served as Senior Vice President, North American Accident & Health for the Chubb Group of Insurance Companies, before being the Vice-President for Accident and Health at CNA Insurance Companies.

The Chief Executive Officer and President of AXIS Global Accident & Health, Chris DiSipio said that after having worked with Jay for several years, he was thrilled to have Jay on board to lead the company’s U.S. insurance operations. He added that Jay will bring along with him leadership experiences in all functions of accident and health operations, including underwriting, sales, claims, technology and product development.

Calvin Azuri is a contributing editor for TMCnet. To read more of Calvin’s articles, please visit his columnist page.

Edited by Patrick Barnard