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iStock/ Cecilie Arcurs
1 May 2019Insurance

White Mountains appoints Frank Bazos as head of M&A

Bermuda-based White Mountains Insurance Group has appointed Frank Bazos as executive vice president and head of M&A (mergers and acquisitions).

Bazos spent approximately 18 years with Century Equity Partners and previously worked at TA Associates and North Atlantic Capital. He has served on the boards of numerous companies, including the Jones DesLauriers Group of Companies, Catalina Holdings, Asset Allocation and Management Company, Santa Rosa Holdings, and PhyNet Dermatology.

White Mountains CEO Manning Rountree said: "I am delighted to welcome Frank as a senior partner at White Mountains. Frank is a seasoned executive who will bring both experience and energy. I'm confident that Frank's stewardship of our M&A activities will produce new opportunities and add value for our owners."

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More on this story

Insurance
7 February 2019   Bermuda-based White Mountains Insurance Group reported a "tough fourth quarter" with $141 million comprehensive loss attributable to common shareholders across its portfolio of businesses. This compares with a profit of $23 million for the same period in 2017.
Insurance
10 December 2018   Insurtech home insurer Buzzvault, which is backed by White Mountains Insurance Group and reinsurer Munich Re, has opened for business in London.
Alternative Risk Transfer
4 June 2019   Bermuda-based White Mountains Insurance Group has acquired a minority equity stake in Elementum Advisors, an insurance-linked securities (ILS) manager with over $4 billion of assets under management.