Vantage Acquires Surplus Lines Underwriting Company and Secures A- (Excellent) AM Best Rating
Summary
Through the second quarter of 2021, senior-level underwriting hires were announced in financial lines, healthcare, excess casualty and political risk & credit. Vantage initially launched its U.S. insurance business in May 2021 by entering into a strategic partnership with a leading property and casualty insurance carrier operating across the U.S. That partnership allowed the experienced underwriting teams at Vantage to issue policies in selected lines of business with full access and authority to highly rated paper in all 50 states. Partnering with a nationally recognized industry leader earlier this year enabled Vantage to immediately enter the U.S. marketplace as we built our U.S. platform. This acquisition, coupled with our strategic partner relationship, positions Vantage to provide U.S. insurance protection where it is needed. The Carlyle Group and Hellman & Friedman, global investment firms with successful track records and experience in the re/insurance industry, are lead investors.
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