Vantage Group Holdings Ltd. has named three additional representatives from the company’s investors to the board of directors and two financial services executives as independent directors.

Vantage's non-executive chairman, Constantine "Dinos" Iordanou, 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 advisers who will help guide Vantage to achieve its potential."

In addition to Iordanou, 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.

Mr 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 advisers."

Caroline Foulger, formerly of PwC, a longtime adviser to insurance companies and financial institutions, and W. Dave Dowrich, chief financial officer at TIAA, have joined the Vantage board as outside directors.

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.

Mr Hendrick said: "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."

Mrs Foulger was previously with PricewaterhouseCoopers Bermuda and has also held several board positions in the financial services industry.

In addition to his role at TIAA, Mr Dowrich has held numerous executive leadership roles at leading financial services organisations, including Prudential Financial, American International Group and Goldman Sachs.