Michael Silas
About Michael Silas
Michael Silas serves as the Executive Vice President and Head of Capital Risk Solutions at Axis Insurance, where he leads a team focused on credit and political risk protection. He has extensive experience in the insurance industry, having worked in various senior roles across multiple global locations.
Work at Axis Capital
Michael Silas serves as the Executive Vice President and Head of Capital Risk Solutions at AXIS Insurance. He has been in this role since 2017, based in London, United Kingdom. His responsibilities include leading a team that provides credit risk and political risk protection to commercial banks, multilateral agencies, and export credit agencies. Prior to his current position, he was the Senior Vice President of Capital Risk Solutions at AXIS Insurance from 2012 to 2017, also in Bermuda. Silas initially joined AXIS in 2007 as a Vice President and Credit & Political Risk Underwriter.
Education and Expertise
Michael Silas earned a Bachelor of Arts in History from Princeton University, where he studied from 1989 to 1993. His educational background supports his expertise in credit and political risk, particularly in the context of financial institutions. He specializes in loan non-payment coverage for project finance, aircraft finance, and structured credit, demonstrating a strong understanding of the complexities involved in these areas.
Background
Before joining AXIS Insurance, Michael Silas spent 13 years at a major insurance broker, where he worked in various locations including New York, Singapore, London, and Amsterdam. He rose to the position of Senior Vice President during his tenure at the broker, specializing in credit and political risk brokering for financial institutions. His extensive experience in the insurance industry has equipped him with a deep understanding of risk management.
Career Progression
Michael Silas began his career at AXIS Insurance in Bermuda as a Vice President in 2007, where he focused on credit and political risk underwriting. He transitioned to the role of Senior Vice President in February 2012 and continued to develop his expertise in capital risk solutions until his current position as Executive Vice President in London. His career reflects a consistent trajectory of growth and specialization in the field of risk management.