Bloomberg - An insurance venture led by industry veterans Greg Hendrick and Dinos Iordanou is starting up with $1 billion in equity capital provided by Carlyle … Ex-Arch, Axa XL Executives Start Private Equity-Backed Insurer - Flipboard 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. Arch Griffing. Dinos Iordanou, retired CEO of Arch Capital Group Ltd, serves as Vantage’s executive chairman. Forty-year industry veteran Dinos Iordanou, retired President and CEO of Arch Capital Group Ltd., is serving as Non-Executive Chairman. ... Dinos Iordanou & Greg Hendrick to launch new re/insurer, Vantage. (Bloomberg) -- 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., Hellman & Friedman LLC and management. Mr Iordanou said: “We knew it was time – time to offer the property and casualty market new insights into the evolving and increasingly complex and very demanding global risk environment. The Royal Gazette understands that Arcadian has lured a team of underwriters from Markel Bermuda. © Copyright 2019 royalgazette.com. The new entity is led by CEO Greg Hendrick, a thirty-year industry veteran and former CEO of AXA XL. Forty-year industry veteran Dinos Iordanou, retired President and CEO of Arch Capital Group Ltd., is serving as Non-Executive Chairman. Should Bermuda impose stricter Covid-19 rules? 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 above companies were all launched in the immediate aftermath of the 9/11 attacks to take advantage of the rapidly hardening specialty and reinsurance markets post-2001. Led by Industry Veterans Greg Hendrick and Dinos Iordanou Backed by The Carlyle Group and Hellman & Friedman 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 … The new entity is led by CEO Greg Hendrick, a thirty-year industry veteran and former CEO of AXA XL. 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. We are excited to partner with Greg and Dinos – whom we have known and admired for decades – and the team they have assembled at Vantage.”, Hunter Philbrick, partner at H&F, added: “As a new, built-for-purpose platform, Vantage will be uniquely positioned to capitalise 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.”. Vertical Hydroponic / Traditional Growing System for Vegetables, Herbs, Flowers By combining our experience in … Reinsurance News is run by professionals with years of experience in journalism, knowledge management and the curation of timely insight for the reinsurance and risk transfer sectors. Reinsurers have been pointing to better pricing and terms and conditions, Wells Fargo & Co. analyst Elyse Greenspan said Nov. 13 in a note to clients. Postal Service slowdowns. A busy 2020 hurricane season and several destructive wildfires in the western US are adding to the pricing momentum, as well as uncertainty over the extent of losses related to the Covid-19 pandemic. Bermuda’s status as safe harbour for insurers under threat | … Brandi Parker’s Oriental Chicken Salad 14 Fresh mixed greens with pineapple, grapes, tomatoes, and cucumbers. $69.99. The third result is Greg John Hendrick age 60s in Wenatchee, WA. Join Facebook to connect with Greg Hendrik and others you may know. 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. Much of the new money has been raised by existing re/insurers, including Fidelis, RenaissanceRe, Arch Capital and Hiscox. The new entity is led by CEO Greg Hendrick, a thirty-year industry veteran and former CEO of AXA XL. The hard market is being driven by several factors including heavy catastrophe loses over the past three years, loss creep from past years leaving capital trapped in insurance-linked securities, and rising casualty insurance rates partly in response to higher awards by US courts in civil cases. Vantage plans to expand into primary insurance lines and operate as Vantage Group. Forty-year industry veteran Dinos Iordanou, retired President and CEO of Arch … Additionally please clear both your browser's cache and cookies -. Vantage has an A- financial strength rating from AM Best. The authors adopted a strategy of primary ASO for TGA-IVS in the first 10 weeks of life regardless of left ventricular (LV) status. 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. 2020-11-23T15:35:00Z. The company’s CEO is Greg Hendrick, a 30-year industry veteran and former CEO of AXA XL. Greg Hendrick, a thirty-year industry veteran and the former CEO of AXA XL, ... retired President and CEO of Arch Capital Group Ltd. and a forty-year … 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). With reinsurance prices rising, many Bermudian reinsurers have been raising capital to capitalise, including RenaissanceRe, Arch Capital, Hiscox, Fidelis and Lancashire Group. View the profiles of professionals named "Greg Hendricks" on LinkedIn. Select any poster below to play the movie, totally free! 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 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. For the past three years, Mystic Powerboats has hosted a Saturday customer-appreciation lunch run during the annual early November offshore powerboat races in Key West, Fla. Display your spirit and add to your collection with an officially licensed Penn State sweatshirts, PSU hoodie, fleece sweatshirts and much more from the ultimate sports store. NEW YORK--(BUSINESS WIRE)--Today, Vantage Group Holdings Ltd. (Vantage) announced its launch, and with it, the launch of its wholly owned re/insurance Join Facebook to connect with Greg Hendrick and others you may know. 516-862-1225 Jaicey Deist. The new entity is led by CEO Greg Hendrick, a thirty-year industry veteran and former CEO of AXA XL. The arterial switch operation (ASO) is the optimal management of transposition of the great arteries with intact ventricular septum (TGA-IVS) within the first 3 weeks of life; beyond this age optimal treatment is debatable. Forty-year industry veteran Dinos Iordanou, retired President and CEO of Arch … Use of this website signifies your agreement to the Terms of Service and Privacy Policy Vantage Group Holdings Ltd, a new Bermudian re/insurance company with $1 billion of private-equity backing, announced its launch this morning. What comes next for the young champion? “Risk changes constantly, and we in the insurance industry must demonstrate our ability to evolve with it, to offer clients coverage that meets their current challenges,” Mr Hendrick said. Dinos Iordanou, retired president and CEO of Arch … Lloyd’s of London insurers Chaucer and Ark have each applied to the BMA to set up new Class 4 reinsurance companies on the island. Greg is related to Oksana Hendrick and Brenda Joyce Hendrick as well as 2 additional people. The new entity is led by CEO Greg Hendrick, a thirty-year industry veteran and former CEO of AXA XL. Arcadian Risk Capital, a managing general agent, has also launched a new underwriting operation on the island. Use of this website signifies your agreement to the Terms of Service and Privacy Policy Vantage Group Holdings Ltd. will begin by providing reinsurance, with plans to later underwrite other coverage as well, according to Hendrick, who will be chief executive officer. 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. Charlie Blake Jr. and Greg Hendrick have joined Gary I. Finklea, center, as partners at the firm now called Finklea, Hendrick and Blake. Amy Noel and her husband, who serves within the U.S. Air Pressure, are among the many hundreds of registered Florida voters casting vote-by-mail ballots as a result of they’re stationed in one other state or abroad. He received his Juris Doctor from the University of South Carolina and returned home to begin private practice at the Finklea Law Firm. “Our team at Vantage has the talent, the knowledge, the expertise and the vision to apply all the tools at our disposal to move the insurance industry into the 21st century.”, 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.”, John Redett, head of Carlyle’s Global Financial Services group, said, “Carlyle is thrilled to partner with an exceptional management team and experienced insurance investors, and we look forward to helping build Vantage into a market-leading franchise.”, 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.