Vantage Risk
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Both executives will report to insurance chief executive Alex Blanco.
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She will oversee Vantage's specialty insurance distribution strategy.
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He joins from Beacon Capital and was once CFO at Lexington.
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The multiline MGA was co-founded by Lea's fellow Vantage alum Farhan Shah.
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Vantage will underwrite up to $10mn in capacity through its US subsidiaries.
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The US large property team will support middle-market and corporate clients.
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Earlier this week, this publication revealed that Axis and Accelerant will support the recently launched MGA.
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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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The carrier has taken advantage of what it says are inherent strengths in talent and tech as well as a ‘golden’ E&S age.
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Also formally joining the board are Carlyle’s managing directors James Burr and Jitij Dwivedi, and Adam Halpern-Leistner, director at Hellman & Friedman.
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The executive first joined Vantage in 2021 after stints at Hamilton and Allied World.
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He will be based in Connecticut and report to Alex Blanco, Vantage's chief executive, insurance.
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Longo was previously underwriting manager for Axa XL’s construction group.
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The executive joined the firm in April 2022 as senior vice president of cyber liability, technology E&O, media and management professional liability insurance.
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The move comes amid a general cutback from reinsurers’ in their cat risk appetite.
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Skerlj will lead the development of Vantage’s data-driven enterprise risk management.
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The full-year results for 2021 also show the Bermudian start-up held $333mn of net premiums written, as at December last year.
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ea was previously head of commercial E&O, cyber and media liability at CNA Insurance.
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Lea was previously head of commercial E&O, cyber and media liability at CNA Insurance for a little over five years.
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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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Seib left Aspen a year ago, and had previously been the top excess casualty executive at XL Catlin and Travelers.
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Industry veteran Alex Blanco, the latest in a flurry of senior-level departures from Axa XL, is to lead Vantage’s insurance business build-up.
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