Reinsurance News

Victor steps into reinsurance with Regional Treaty Services acquisition

13th April 2022 - Author: Katie Baker

Victor, a global managing general underwriter (MGU), has acquired the business of Regional Treaty Services Corporation (RTSC), a privately held reinsurance MGU.

VictorFounded in 2003, RTSC underwrites and manages three reinsurance facilities for small to midsize US-based insurers primarily writing personal lines, small agriculture, and main street commercial business.

John Pfautz, founder of RTSC, will join Victor, continuing in his current duties and report to Brian Hanuschak, CEO of Victor Insurance Holdings.

Hanuschak said: “Today marks an important chapter in Victor’s 65-year history as we expand our underwriting capabilities into the reinsurance market.

“Victor’s focus on small commercial business coupled with our history of underwriting excellence, diversity of products, and long-term capital relationships align well with RTSC’s strong underwriting record.

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“We look forward to supporting and growing existing RTSC carrier clients through our advanced technology and innovative approach to matching risk, distribution, and access to capital.”

Pfautz added: “Joining Victor is the next logical step in RTSC’s evolution. Victor understands our long-term value and is committed to supporting future growth opportunities for reinsurers and cedents. I look forward to joining Victor’s talented team with its strong track record of success, while expanding RTSC’s ability to deliver even greater value to our clients.”

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