The Schinnerer Group is rebranding as Victor, and most of the company’s individual global businesses will take on the new name.
Schinnerer businesses that will rebrand as Victor over the next year include Victor O. Schinnerer & Company in the U.S., ENCON in Canada, Bluefin Underwriting in the U.K., Mees & Zoonen in Italy and the Netherlands, and Schinnerer’s operation in Bermuda. Recent Schinnerer Group acquisitions ICAT and Dovetail Insurance will also be part of the Victor global business but keep their current names. Schinnerer has operations in both the MGU and MGA spaces.
“By unifying our companies under a global brand and combining capabilities in analytics, underwriting and technology, we will be able to more quickly offer innovative insurance products and services to our clients around the world,” Victor CEO Christopher Schaper explained in prepared remarks.
Combined, the Victor is an entity that services more than $1 billion in premium.
Victor’s strategy is founded on four key components:
- Underwriting: Combining extensive underwriting experience with modern data and analytics capabilities.
- Technology: Providing cloud-based products and services allowing agents and brokers to quote, bind and issue insurance policies in real time—all in one place.
- Distribution: Enabling a global network of more than 25,000 active insurance agents and brokers.
- Capital: Collaborating with leading insurance carriers and alternative capital providers to offer organizations innovative coverage products.
Schaper said that Victor plans to grow both organically and “through strategic acquisitions.”
Victor/The Schinnerer Group is one of the largest and most experienced underwriting managers of specialty insurance programs in the world.
Source: Victor/The Schinnerer Group