Vantage beefs up board with ex-PwC/AIG/Goldman Sachs leaders

Specialty re/insurance group  Vantage has appointed two financial services executives, including a veteran Bermuda insurance advisor, as independent directors.

Caroline Foulger and Dave Dowrich have joined the board of Vantage Group Holdings.

Foulger led the insurance practice at PricewaterhouseCoopers (PwC) Bermuda. She has also held several board positions in the financial services industry.

Dowrich is the chief financial officer at TIAA. He has held numerous executive leadership roles at financial services organisations, including Prudential Financial, American International Group, and Goldman Sachs.

Vantage's non-executive chairman Constantine "Dinos" Lordanou said: "Since Vantage was launched in 2020, the company has matured and continues to gain momentum. Now is the right time to bring on additional expert advisors who will help guide Vantage to achieve its potential."

In addition to Lordanou, Vantage's founding directors are: Greg Hendrick, Vantage's chief executive officer; Brian Schreiber, managing director and Head of Carlyle Insurance Solutions at Carlyle; and Hunter Philbrick, partner at Hellman & Friedman.

Also formally joining the Vantage board are additional representatives from Vantage's lead investors: James F. Burr and Jitij Dwivedi, managing directors at Carlyle; and Adam Halpern-Leistner, director at Hellman & Friedman.

Hendrick added: "Vantage was founded on the idea of building a data-empowered underwriting company that sees risk differently. We are fortunate to have outstanding talent across our businesses and exceptional advisors.

"We are delighted to bring on Caroline and Dave as independent directors, and we welcome Jitij, Jim, and Adam to our board. Their expertise will help Vantage continue to grow as a leading market for complex specialty risks," Hendrick said.

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.