Dinos Iordanou & Greg Hendrick to launch new re/insurer, Vantage 13th October 2020 - Author: Luke Gallin A newly established insurance and reinsurance business, called Vantage, is set to launch with industry veterans Dinos Iordanou as Non-Executive Chairman, and Greg Hendrick as Chief Executive Officer (CEO), Reinsurance News understands. Today, Vantage Group Holdings Ltd. (Vantage) announced its launch, and with it, the launch of its wholly owned re/insurance subsidiary, Vantage Risk Ltd. (Vantage Risk). All content copyright © Steve Evans Ltd. 2020 All rights reserved. Despite 2020 having proved itself a challenging year to date …, Re/insurance broker Aon has announced the launch of a new …, Specialist insurance and reinsurance broker, BMS Group, has announced the …. We are excited to partner with Greg and Dinos â who we have known and admired for decades â and the team they have assembled at Vantage.”, While Hunter Philbrick, Partner at Hellman & Friedman, added: “As a new, built-for-purpose platform, Vantage will be uniquely positioned to capitalize on the enormous market opportunity and build a long-term competitive advantage by attracting world-class talent and deploying industry-leading technology, data and analytics.”. Together with management, the Carlyle Group and Hellman & Friedman have invested $1 billion of equity capital in Vantage, and there’s potential for investors to raise their investment as growth opportunities arise. The new re/insurer launches with Hellman & Friedman (H&F) and The Carlyle Group as capital partners, both of which have significant experience with insurance and reinsurance startups. This field is for validation purposes and should be left unchanged. All content copyright © Steve Evans Ltd. 2020 All rights reserved. NEW YORK--(BUSINESS WIRE)--Today, Vantage Group Holdings Ltd. (Vantage) announced its launch, and with it, the launch of its wholly owned re/insurance Forty-year industry veteran Dinos Iordanou, â¦ The new entity is led by CEO Greg Hendrick, a thirty-year industry veteran and former CEO of AXA XL. Hendrick commented: “2020 has reinforced the riskier nature of our world and the re/insurance markets. 07337195 Top Global Insurance & Reinsurance Brokers, P&C firms covered cost of capital despite 2020 challenges: analysts, Aidan Pope named Exec Chairman of BMS’ LatAm & Caribbean operation, US social inflation continues to erode reserving buffers: Jefferies. Dinos Iordanou, formerly of Arch Capital Group Ltd., will serve as a non-executive chairman for the greater group, with Greg Hendrick, formerly of AXA XL, serving as the groupâs CEO. Website Privacy & Cookies and Disclaimer. Greg Hendrick, former chief executive of Axa XL, is the new companyâs chief executive officer. Vantage Risk will offer property cat reinsurance covering predominantly North America, Europe, Japan, and Australia, as well as specialty P&C lines including marine, energy, aviation, crop, workers’ comp, property per-risk, and mortgage. We have 170,000+ monthly reinsurance news readers & 14,500+ daily email subscribers. Vantage is a newly formed Bermuda reinsurer headed by established and noteworthy industry professionals with demonstrated track records. We also publish Artemis.bm, the leading publisher of news, data and insight for the catastrophe bond, insurance-linked securities, reinsurance convergence, longevity risk transfer and weather risk management sectors.. We’ve published and operated Artemis since its launch 20 years ago and have a readership of around 60,000 every month. Only email is mandatory, but the more you tell us about yourself the better we can serve you in future. Get in touch directly using our contact form. Iordanou, formerly of Arch Capital, will serve as Vantage’s Non-Executive Chairman, while Hendrick, formerly of AXA XL, will serve as the company’s CEO. An insurance venture led by industry veterans Greg Hendrick and Dinos Iordanou is starting up with $1 billion in equity capital provided by Carlyle Group Inc., â¦ New role: Greg Hendrick will be the CEO of Vantage A new company called Vantage Group Holdings Ltd was incorporated as an exempted holding company on July 28 â¦ Or find and follow Reinsurance News on social media. We have 170,000+ monthly reinsurance news readers & 14,500+ daily email subscribers. 07337195 Despite 2020 having proved itself a challenging year to date …, Re/insurance broker Aon has announced the launch of a new …, Specialist insurance and reinsurance broker, BMS Group, has announced the …. ... with Greg Hendrickâ¦ Today, Vantage Group Holdings Ltd. (Vantageâ¦ Kuhn joins Vantage as global insurance CEO 2 November 2020 Former Endurance executive Jack Kuhn has joined Dinos Iordanou and Greg Hendrick start-up Vantage Risk as CEO of global insurance, The Insurer can reveal. Top Global Insurance & Reinsurance Brokers, P&C firms covered cost of capital despite 2020 challenges: analysts, Aidan Pope named Exec Chairman of BMS’ LatAm & Caribbean operation, 2021 outlook for US life insurance remains negative: Moody’s. Website Privacy & Cookies and Disclaimer. Steve Evans Ltd. registered in England No. At the same time, the company has announced the launch of its wholly owned re/insurance subsidiary, Vantage Risk Ltd., a provider of property catastrophe and specialty reinsurance across property and casualty classes of business. Backed by The Carlyle Group and Hellman & Friedman. One of the most talked-up private equity-backed launches is Vantage, and insurance and reinsurance start-up business from two industry heavyweights â for- mer Arch Capital Group chief executive Dino Iordanou and former Axa XL chief executive Greg Hendrick â backed by heavyweight investors Hellman & Friedman and Carlyle Group.