Victor appoints John Tarpey to lead US reinsurance operations
Regional Treaty Services Corporation renamed Victor Reinsurance Managers
Victor, the leading global managing general underwriter (MGU), today announced the appointment of John Tarpey as Leader of its US reinsurance operations. In this role, he will be responsible for the Regional Treaty Services Corporation (RTSC) business that Victor acquired earlier this year, which will now be renamed Victor Reinsurance Managers. Both of these announcements take effect immediately.
Victor Reinsurance Managers underwrites three reinsurance facilities for small to midsize US-based insurers primarily writing personal lines, small agriculture, and main street commercial business.
Mr. Tarpey joins Victor from Everest Reinsurance Company where he most recently served as Vice President, Treaty Casualty / Multiple Lines. He brings nearly 40 years of reinsurance experience to the role and succeeds John Pfautz, who is retiring from the industry. Mr. Tarpey will be based in Morristown, New Jersey, and report to Brian Hanuschak, CEO of Victor.
"Since acquiring the RTSC business in April, we have completed its seamless integration into our US operations while further developing its long term value,” Mr. Hanuschak said. “John's reinsurance experience and expertise will benefit both clients and colleagues as we seek to deliver sophisticated solutions to our clients and support their future growth through our advanced technology and innovative approach to matching risk, distribution, and access to capital.”
Mr. Tarpey added: “Victor is committed to building on the strength of the Victor Reinsurance Managers business to create even greater value for reinsurers and cedents. I look forward to collaborating with my new colleagues at Victor to enhance our capabilities and offerings for small to midsize insurers.”
About Victor Insurance
Victor Insurance Holdings is a leading global managing general underwriter with locations in the US, Canada, UK, Netherlands, Italy, Germany, and Australia. It handles more than $2.5 billion in premium on behalf of numerous insurance and reinsurance relationships through a large network of more than 20,000 active insurance agents and brokers. With deep, specialized underwriting expertise, Victor provides a wide range of insurance solutions - from specialty property and casualty and professional liability insurance to group and retiree benefits. Victor is committed to building on 65-plus years of experience to develop products that address risk in new and evolving areas. For more information, visit www.victorinsurance.com and follow Victor Insurance Holdings on LinkedIn.