Vantage Risk
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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. -
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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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 executive joined Vantage on Monday, after spending the last 10 years at Axa XL.
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Vantage names Denise Watkins as head of excess casualty and healthcare in Bermuda and taps Ray Pernsteiner to lead US healthcare.
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The Greg Hendrick-led firm added Richard Wall from Axa XL, Bhuma Patel from CNA, and Leona Lik from Aon for the buildout.
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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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The executive will exit the Greg Hendrick-led start-up on July 2.
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The CEO dismissed comparisons between his start-up and the Class of 2005 (re)insurers.
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CEO Greg Hendrick said the composition of the new carrier would eventually be more heavily weighted to insurance business.
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The latest appointments include former Markel property head Peta White and former EY partner Gail McGiffin.
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