Vantage Group Holdings Ltd. said on Thursday that it is introducing new products in health care and over- and over-injury insurance in the United States and Bermuda.
Hamilton, Bermuda-based Vantage said in a statement that its Bermuda team, led by Denise Watkins, works with wholesale distribution partners to provide insurance and reinsurance in the event of occurrence, claims and integrated event policy forms, as well as penalties and damages. punitive damages.
It is said that the portfolio of excessive injuries will target classes. of companies including transportation, construction, consumer products, real estate, retail, hospitality, manufacturing and chemicals.
In terms of healthcare responsibilities, its customers are mainly hospital systems and facilities, including academic medical facilities, specialized medical centers and healthcare facilities, the statement said.
Vantage's US healthcare team, led by Ray Pernsteiner, provides health care surplus liability for captive insurance and reinsurance.
It said clients include healthcare systems and integrated delivery networks and it provides coverage for surplus physicians and miscellaneous risks based on facility type.
The statement said that Vantage is focused on the growth of various medical facilities in the healthcare arena and is focused on specialized protections tailored to this sector.
This includes primary and excessive professional responsibility, general responsibility and umbrella coverage, with a broad appetite across class segments. It said that Vantage is considering business in a wide range of mid-market accounts that are mainly distributed through wholesale distribution challenges.
It is said that from October it is expected to also offer an umbrella surplus of self-insured detained health care and retail staff. of U.S. healthcare systems products.
Vantage was founded in late 2020 by longtime industry leaders Greg Hendrick and Dinos Iordanou.