Vantage Group Holdings Ltd., a specialty insurance and reinsurance business, has launched a new Facultative Reinsurance line of business, led by industry executive Lisa Pickard as President.
Reporting directly to Vantage CEO Greg Hendrick, Pickard will head the division, taking charge of team recruitment, strategic direction, risk appetite, and broker-partner relationships.
“She brings a clear view of how the best insurance businesses operate: strong technical fundamentals, disciplined underwriting judgment, clear accountability, and a culture where talented people can make sound decisions,” Vantage stated.
Pickard brings decades of senior underwriting and operational leadership in the property facultative sector, with experience building teams and businesses and a focus on underwriting expertise, leadership, and strategy.
The executive began her career at Gen Re before spending pivotal years at Arch Re Facultative, where she led underwriting teams, shaped portfolio strategy and developed market-leading underwriting teams.
She was later appointed as Arch Re’s first Chief Strategy Officer, where she guided corporate strategy on the executive leadership committee.
Most recently, Pickard founded Atlas Gray, an advisory firm focused on supporting insurance entities with underwriting strategy, portfolio construction, operating models, and leadership development.
“Lisa brings rare depth as both an underwriting leader and strategist,” said Marc Grandisson, Executive Chairman of Vantage. “Her track record of building high-calibre teams and scaling disciplined portfolios reflects the exact rigor we need as we establish our facultative line and drive Vantage’s next phase of growth.”
Commenting on her appointment, Pickard said: “Vantage has built a dynamic business that delivers tailored, data-driven solutions to clients. I look forward to assembling a world-class team and partnering closely with our client community to provide disciplined, tailored facultative solutions that respond directly to complex risk environments while advancing Vantage’s commitment to excellence and innovation.”
The launch of Vantage’s new Facultative Reinsurance line marks a key milestone in the company’s strategy to scale its specialty insurance and reinsurance lines following its June 2026 acquisition by Howard Hughes Holdings, Inc.





