Vantage taps CEO of insurance business from AXA XL

Specialty re/insurance group  Vantage has hired a seasoned insurance professional from AXA XL to lead the growth and development of its insurance business.

Alex Blanco (pictured) has been appointed as chief executive officer (CEO) of insurance at Vantage Group Holdings.

Blanco has over 25 years of industry experience across professional and Specialty lines of business. Most recently, he was chief underwriting officer (CUO) specialty, Americas at AXA XL after serving as CUO of professional E&O and cyber insurance for XL Insurance, and as a managing director of XL Group.

Vantage was established in late 2020 and began writing reinsurance risk on January 1, 2021, 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.

Vantage CEO Greg Hendrick said: “We are very excited for Alex to lead our talented and growing Insurance team at Vantage. His exceptional underwriting acumen, proven leadership ability and informed insights will provide great value as we build out our insurance offerings to address the increasingly-complex needs of our clients.”

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