Vantage Risk

The new line is in addition to its existing Bermuda and US excess casualty products.

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.

The executive first joined Vantage in 2021 after stints at Hamilton and Allied World.

The underwriter will replace retiree Lorraine Seib and add US excess casualty to her remit.

The move comes amid a general cutback from reinsurers’ in their cat risk appetite.

The acquisition of an admitted company goes along with the surplus lines company Vantage purchased to jumpstart its US insurance business in July.

Dane Lopes has joined as CCO, while Jason Lamonica will lead Vantage's new construction insurance business in the US.

The property specialist had been with the carrier for more than six years.

The purchase of a U.S.-based carrier enables Greg Hendrick-led Vantage Group to write coverage under its own subsidiary after partnership.

Two former Axa XL financial lines underwriters join the start-up.