Vantage Risk
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The executive was most recently serving as CRO – insurance. -
The hire comes as Guy Carpenter fills the void created by the Willis Re raid earlier this year.
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Vantage Group Holdings received a BBB- long-term issuer credit rating.
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The new line is in addition to its existing Bermuda and US excess casualty products.
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The second iteration of the Bermuda sidecar has brought in additional investors.
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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.
