Specialty re/insurer Vantage Group Holdings has launched its Construction business, continuing the company’s momentum in its Political Risk business and expanding its distribution capabilities.
Vantage was established in late 2020 and began writing reinsurance risk at the beginning of this year through its Bermuda Class 4 company, Vantage Risk. The Bermuda carrier has since expanded its offering to include select insurance products.
In the US, Vantage launched a US surplus lines carrier, Vantage Risk Specialty Insurance Company, enabling certain US risks to be written on A- (Excellent)/Financial Size Category XII AM Best rated paper.
CEO Greg Hendrick commented: “It is exciting to see our business plan taking shape as we onboard new talent and build out our capabilities across the Vantage enterprise.
“Our team is highly energized and bringing creativity to the way we are building out our businesses, and that is proving to be very welcomed by clients and brokers.”