Private equity investor Pelican Ventures has launched Tango Specialty, a commercial lines managing general agency (MGA), appointing Greg Wolyniec as President and CEO.
Tango Specialty will establish several sizeable programs with leading underwriting expertise supported with insurance capacity partnerships that will serve the complex needs of select specialty market clients and brokers.
As part of the launch, Tango acquired V3 Insurance Partners, an existing MGA focused on specialty workers’ compensation and commercial property products.
V3 will continue to operate its well-known underwriting divisions and will also serve as a turn-key shared-services operating platform supporting the new underwriting units under the broader Tango brand.
Joining the board of Tango Specialty are Bob Deutsch, as Chairman, Jim Stanard, Allan Cohen, and Win Hotchkiss from Pelican.
Wolyniec commented: “I am incredibly excited to partner with such a deeply respected and experienced industry leadership team in launching Tango.
“We will build our business and reputation based on leading technical underwriting acumen, synchronised partnerships with clients, brokers, and capacity partners, and an entrepreneurial, decisive organisational culture.”
