Corporate Announcement no. Last week, this publication revealed three early stage private equity, hard market funding initiatives. 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). Nevada High Court on Undocumented Injured Worker Claim, Texas Nonstandard Auto Insurer Faces Liquidation, New Re/Insurer ‘Vantage Risk’ Launches, Led by Former Arch, AXA XL Executives, Travelers to Acquire Plymouth Rock's Digital Agency InsuraMatch, Insurers Winning Most, But Not All, Covid-19 Business Interruption Lawsuits, Brexit Trade Negotiations Are Making 'Good Progress', Fairfax Announces Sale of RiverStone Europe to Private Equity Firm CVC, Catastrophe Field Property Adjuster- Cheyenne, WY -, Experienced Virtual/ Field Auto Technical Adjuster (C2) -, Legal Administrative Assistant – Orlando -. Led by Industry Veterans Greg Hendrick and Dinos Iordanou. A new re/insurance group, called Vantage Group Holdings Ltd., has launched with $1 billion of equity capital, provided by private equity firms The Carlyle Group and Hellman & Friedman (H&F) as well as management. Willis-Re: recently reported capital raising as “the new hot topic” and the most significant recent Covid-related theme in the industry. News Bermuda’s reinsurance resilience highlighted. Greg Hendrick is Former President/CEO at XL Group Ltd. See Greg Hendrick's compensation, career history, education, & memberships. Read our policy. Our team of dealmakers, litigators, and policy lawyers and advisors provide a comprehensive suite of services for global companies and local individuals. 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., … Forty-year industry veteran Dinos Iordanou, retired President and CEO of Arch Capital Group Ltd., is serving as Non-Executive Chairman. Nick Pritchard, head of Property Catastrophe Underwriting. The new entity is led by CEO Greg Hendrick, a thirty-year industry veteran and former CEO of AXA XL. The new entity is led by CEO Greg Hendrick, a thirty-year industry veteran and former CEO of AXA XL. Backed by The Carlyle Group and Hellman & Friedman. PRESS RELEASE. Then there’s the more nascent project involving Dinos Iordanou and Greg Hendrick and up to $1bn of potential start-up capital from Hellman & Friedman and The Carlyle Group, which is also expected to have a significant E&S focus. Forty-year industry veteran Dinos Iordanou, … A new re / insurance group, called Vantage Group Holdings Ltd., was launched with $ 1 billion in equity, provided by private equity firms The Carlyle Take out a subscription to get immediate access to: Available to download in the Apple Store and Google Play, At The Insurer, we strive to provide the best experience. NEW YORK--(BUSINESS WIRE)--Today, Vantage Group Holdings Ltd. (Vantage) announced its launch, and with it, the launch of its wholly owned re/insurance Thank you! J.P. Morgan acted as sole financial adviser to Vantage. Please tell us what we can do to improve this article. Carlyle’s equity capital for the investment comes from Carlyle Partners VII, an $18.5 billion fund that focuses on buyout transactions in the U.S., and Carlyle Global Financial Services Partners III, L.P., a dedicated financial services buyout fund. Forty-year industry veteran Dinos Iordanou, retired President and CEO of Arch Capital Group Ltd., is serving as Non-Executive Chairman. Required fields are marked *. The new entity is led by CEO Greg Hendrick, a thirty-year industry veteran and former CEO of AXA XL. Greg Hendrick, former chief executive of Axa XL, is the new company’s chief executive officer. 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). Led by Industry Veterans Greg Hendrick and Dinos Iordanou. The rest of this document is only available to i-law.com online subscribers. Greg Hendrick, former CEO of AXA XL, is leading as CEO while Dinos Iordanou, retired president and CEO of Arch Capital Group Ltd., is serving as chairman. Related Articles The new entity is led by CEO Greg Hendrick, a thirty-year industry veteran and former CEO of AXA XL. Brian Schreiber, head of Carlyle Insurance Solutions, said, “Vantage is launching at an opportune time, when the market needs additional risk capacity and knowledgeable underwriters who understand the evolving nature of risk management.”, David Tunnell, partner at H&F, said: “For the first time since 2001, the global re/insurance markets are clearly demanding fresh capital and fresh thinking. 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 group’s chief executive officer. 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Iordanou and Hendrick linked with PE-backed $1bn start-up 2020-06-05T07:12:00 Former Arch chairman and CEO Dinos Iordanou and ex AXA XL CEO Greg Hendrick are linked with a proposed $1bn carrier start-up with backing from Hellman & Friedman (H&F) and The Carlyle Group to initially focus on opportunities in the E&S and reinsurance markets, The Insurer can reveal. H&F has deployed capital from Hellman & Friedman Capital Partners IX, a fund with $16.5 billion of committed capital targeting investments in select sectors across North America and Europe. Led by Industry Veterans Greg Hendrick and Dinos Iordanou Backed by The Carlyle Group and Hellman Friedman Today, Vantage Group Holdings Ltd. (Vantage) announced its launch, and with it, the launch In 2021, Vantage intends to launch insurance products in both the Bermuda and North American markets. All involve highly credible management teams: Lloyd’s insurer Ark (Ian Beaton, Nick Bonnar); former Arch grandee Dinos Iordanou /ex-Ace XL CEO Greg Hendrick; and Ed Noonan, the founder and former CEO of Validus. The new entity is led by CEO Greg Hendrick, a thirty-year industry veteran and former CEO of AXA XL. By continuing to use our site, you accept our revised Privacy Policy. 2020-11-23T15:31:00Z Subscribe for FULL access to this article - and ALL our premium content. 44/2020: Annual Report 1 October 2019 – 30 September 2020 Copenhagen, 3 December 2020 The Board of Directors and … We are excited to partner with Greg and Dinos – who we have known and admired for decades – and the team they have assembled at Vantage.”. Former Arch chairman and CEO Dinos Iordanou and ex AXA XL CEO Greg Hendrick are linked with a proposed $1bn carrier start-up with backing from Hellman & Friedman (H&F) and The Carlyle Group to initially focus on opportunities in the E&S and reinsurance markets, The Insurer can reveal. Underwriting via its subsidiary, Vantage Risk Ltd., the company has begun to offer property catastrophe reinsurance (covering predominantly North America, Europe, Japan and Australia) as well as specialty reinsurance across property and casualty classes, including marine, energy, aviation, crop, workers’ compensation, property per-risk and mortgage. An insurance venture led by industry veterans Greg Hendrick and Dinos Iordanou is starting up with $1 billion in equity capital provided by Carlyle … View on bloomberg.com 2 hours ago Backed by The Carlyle Group and Hellman & Friedman. The company’s CEO is Greg Hendrick, a 30-year industry veteran and former CEO of AXA XL. This site uses cookies. 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 group’s CEO. % of people found this article valuable. In addition to Hendrick and Iordanou, the firm’s leadership team includes several career industry executives: Vantage “will utilize industry-leading talent and technology to underwrite business where existing capacity is shrinking,” said the company in a statement. Mr Hendrick said, “2020 has reinforced the riskier nature of our world and the re/insurance markets. Dinos Iordanou, retired president and CEO of Arch Capital Group Ltd., is Vantage Risk’s non-executive chairman. Vantage Risk, the new insurance and reinsurance start-up business from industry veterans Greg Hendrick and Dinos Iordanou, has now launched and … Iordanou and Hendrick start-up set to launch Industry veterans Dinos Iordanou and Greg Hendrick are set to launch a re/insurance business called Vantage. Hendrick & Iordanou’s new re/insurer Vantage launches 3rd December 2020 - Author: Luke Gallin New insurance and reinsurance business, Vantage Group Holdings Ltd., led by industry veterans Dinos Iordanou as Non-Executive Chairman and Greg Hendrick as Chief Executive Officer (CEO), has announced its launch. Greg Hendrick is President, Chief Executive Officer, Chief Operating Officer & Director at XL Group Ltd. View Greg Hendrick’s professional profile on Relationship Science, ... Dino might Raptors top Warriors 114-110 in Game 6 of NBA Finals to claim their f... - The Salt Lake Tribune. News Bermuda’s reinsurance resilience highlighted. Dinos Iordanou, retired CEO of Arch Capital Group Ltd, serves as Vantage’s executive chairman. 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We have updated our privacy policy to be more clear and meet the new requirements of the GDPR. What Will the Senior Living Market Look Like for Insurers Post-Pandemic? Forty-year industry veteran Dinos Iordanou, retired President and CEO of Arch Capital Group Ltd., is serving as Non-Executive Chairman. Welcome to TheInsurer.com. 2020-11-23T15:31:00Z Thank you! Led by Industry Veterans Greg Hendrick and Dinos Iordanou Backed by The Carlyle Group and Hellman & Friedman Dinos Iordaneau: former Arch CEO and Greg Hendrick, former AXA XL CEO are said to be linked with $1B in capital to “focus on opportunities in E&S.” Richard Watson: former Hiscox CEO is aiming to raise $1B. One of the most talked-up private equity-backed launches is Vantage, and insurance and reinsurance start-up business from two industry heavyweights – for- mer Arch Capital Group chief executive Dino Iordanou and former Axa XL chief executive Greg Hendrick – backed by heavyweight investors Hellman & Friedman and Carlyle Group. — Greg Ives (@Ives_Greg) November 25, 2020 As of Wednesday, Hendrick Motorsports said memorial arrangements have not yet been made for the couple. 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. The new entity is led by CEO Greg Hendrick, a thirty-year industry veteran and former CEO of AXA XL. Whether it’s a question, feedback, or a complaint – our team are here to help. The company’s CEO is Greg Hendrick, a 30-year industry veteran and former CEO of AXA XL. Want to read this article? Today, Vantage Group Holdings Ltd. … Forty-year industry veteran Dinos Iordanou, retired President and CEO of Arch Capital Group Ltd., is serving as Non-Executive Chairman. 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 group’s chief executive officer.

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