Greg Hendrick, the CEO of Bermudian-based Vantage Group, has been appointed as an independent director on the board of Verisk, the global data analytics and technology provider.

“We’re thrilled to welcome Greg to the board,” Verisk president and CEO Lee Shavel said.

“Greg’s deep understanding of the insurance industry and its changing market dynamics will serve Verisk well as we continue to innovate on behalf of our clients and extend our role as a trusted partner to the global insurance industry.”

Vantage Group provides specialty insurance, reinsurance and insurance-linked securities products.

Before joining the company, 58-year-old Mr Hendrick served as chief executive officer, of Axa XL, the P&C and specialty risk division of Axa.

Verisk said he spent 25 years serving in numerous leadership roles at XL Group companies, including chief executive of reinsurance and chief executive of insurance. Mr Hendrick began his career at AIG.

He earned a bachelor of science degree in mathematics from St John’s University, and serves on the board of governors of St John’s and the board of overseers of the Greenberg School of Risk Management.

Bruce Hansen, chairman of the Verisk board of directors, said: “We continue to add incredible talent and diverse perspectives to our board.

“Greg’s profound industry and leadership experience will only accelerate the board’s contributions to the company’s strategy and our commitment to delivering long-term shareholder value.”