Sara Mitchell to Succeed Mark Gregory as AXIS Head of Global Markets

AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or the “Company”) (NYSE: AXS) today announced that Sara Mitchell has been appointed as its future Head of Global Markets. She succeeds Mark Gregory who will retire from the Company in March of 2025 following a career that spans five decades in the industry including 15 years with AXIS. During his time with AXIS, Mr. Gregory has been instrumental in helping grow the Company’s global presence as a specialty insurance leader.

Ms. Mitchell, who previously served as Divisional President of Chubb’s Continental Europe and MENA business, will join the Company on November 25 as Strategic Advisor to the Head of Global Markets and will be a member of the Company’s Executive Committee. Ms. Mitchell, who will be based in London, will assume the role of Head of Global Markets on January 1, 2025 as part of a planned leadership succession process and will report to AXIS President and CEO Vince Tizzio.

“We are grateful to Mark for his tremendous leadership and years of service to AXIS. He has played a crucial role in helping elevate AXIS as a global specialty leader,” said Mr. Tizzio. “Under his guidance, we achieved a number of important milestones including the establishment of the AXIS Managing Agency at Lloyd’s with Mark serving as its first CEO, launch of AXIS Energy Transition Syndicate 2050, effective integration of Novae into AXIS, and establishment of AXIS as a top ten player at Lloyd’s by capacity, with recognition as an outperforming syndicate.”

Mr. Gregory joined AXIS in January of 2010 as CEO of its International Division and is presently a member of the Company’s Executive Committee in his current role as Head of Global Markets, where he has led the division since its formation. Prior to AXIS, Mr. Gregory spent 15 years at Marsh where he held a series of leadership positions including CEO roles for both Bowring Marsh and Marsh Global Markets. He started his insurance career with Sedgwick Group in 1980. In addition, Mr. Gregory has served on the Boards of both the International Underwriting Association (IUA) and Lloyd’s Market Association (LMA).

Added Mr. Tizzio, “In Sara, we have found an exceptional leader to succeed Mark. We are excited about transitioning AXIS into a new chapter, building on the strong foundation that is already in place for our Global Markets division. Sara brings deep specialty P&C knowledge and an expansive international pedigree with experience managing multi-billion dollar businesses. She is a proven leader with an established track record for success, who shares our values.”

Ms. Mitchell joins AXIS following a 13-year tenure at Chubb where she held a series of leadership roles with increasing levels of responsibility. Since 2021, in her role as Divisional President of Continental Europe and MENA, she was responsible for Chubb’s property and casualty, accident and health, and consumer lines operations across 25 countries. Previously, she served in managerial roles at RSA and Allianz Insurance.

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 $5.7 billion at June 30, 2024, 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 X Corp.

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