AXIS Capital Holdings Limited has announced the appointment of Stan Galanski to the company’s Board of Directors.
Effective January 1, 2024, Galanski will join the Board and serve on its Risk Committee.
Henry Smith, Chair of the Board of Directors at AXIS, expressed enthusiasm about the addition, stating, “Stan is an outstanding addition to our Board of Directors, bringing more than 40 years of experience in the property and casualty space as a public company CEO and with C-Suite roles at leading major and mid-size insurance carriers.”
Galanski, with a career spanning over four decades, most recently served as President and CEO of The Navigators Group, a NASDAQ-listed global specialty insurer. Under his leadership, the company’s premiums grew from $150 million to $2 billion before its acquisition by The Hartford in 2019.
“We will benefit from his experience guiding companies to drive underwriting excellence and operational transformation, as well as his deep knowledge of the specialty insurance space on a global scale,” added Smith.
Galanski’s extensive background includes CEO roles at Intercargo Corporation and New Hampshire Insurance Company, as well as significant tenure at Chubb in various management and underwriting roles.
Expressing his enthusiasm, Galanski said, “It is a privilege to serve on the Board of AXIS, a company with a proud history in specialty insurance, strong accelerating positive momentum in its performance, and the potential for significant profitable growth.”
His appointment aligns with AXIS Capital’s multi-year succession planning strategy, aiming to ensure a balance between longer-tenured directors and the perspectives of newer directors.
With Galanski’s addition, the Board will consist of twelve members, eleven of whom are independent. Over the past six years, the company has strategically added nine new directors, reflecting its commitment to diverse and experienced leadership.
