Reinsurance News

Vantage Risk appoints Richard Wall as head of US Financial Lines

17th May 2023 - Author: Akankshita Mukhopadhyay

Bermudian reinsurer Vantage Risk has announced the appointment of Richard Wall as Head of U.S. Financial Lines, effective immediately.

Wall brings over 25 years of industry experience to his new role and will be based in Connecticut. He will report directly to Alex Blanco, Vantage’s Chief Executive, Insurance.

In his capacity as Head of U.S. Financial Lines, Wall will assume responsibility for Vantage’s U.S. Management Liability and U.S. Financial Institutions businesses. His key objectives include consolidating and developing business and distribution strategies, portfolio management, and driving sustained, profitable growth.

The U.S. Management Liability business will continue to report to Wall, while Bhuma Patel, Head of Financial Institutions, will retain her leadership role in the U.S. Financial Institutions business and U.S. Transactional Liability program business.

“We’re firmly committed to being a robust, long-term partner in Financial Lines under Rich’s leadership. Our data-empowered underwriters are insightful and responsive thanks to Rich, Bhuma, and the team,” commented Blanco on Wall’s appointment.

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Having joined Vantage in 2021, Wall has demonstrated unwavering dedication to serving the company’s clients and brokers.

“I’m extremely proud of the Financial Lines team’s accomplishments since entering the market, with strong support from our retail and wholesale distribution partners. We’ve laid a solid foundation for growth with our talented, highly experienced underwriting teams and broad product capabilities. Our momentum will accelerate, and I am looking forward to it,” Wall said.

Prior to joining Vantage, Wall held senior positions at AXA XL and leadership roles at Liberty and AIG. He brings a wealth of expertise and industry knowledge to his new position.

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