Vantage Risk
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The second iteration of the Bermuda sidecar has brought in additional investors. -
A panel of sustainability leaders from Conduit Re, Axa XL, Convex and Vantage Risk discussed the need for a consistent methodology to measure underwriting emissions at the Bermuda Climate Summit.
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The executive first joined Vantage in 2021 after stints at Hamilton and Allied World.
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The underwriter will replace retiree Lorraine Seib and add US excess casualty to her remit.
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The move comes amid a general cutback from reinsurers’ in their cat risk appetite.
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The acquisition of an admitted company goes along with the surplus lines company Vantage purchased to jumpstart its US insurance business in July.
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Dane Lopes has joined as CCO, while Jason Lamonica will lead Vantage's new construction insurance business in the US.
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The property specialist had been with the carrier for more than six years.
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The purchase of a U.S.-based carrier enables Greg Hendrick-led Vantage Group to write coverage under its own subsidiary after partnership.
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Two former Axa XL financial lines underwriters join the start-up.
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