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Vantage launches facultative reinsurance unit, hires Lisa Pickard

Pickard reports directly to CEO Greg Hendrick and will oversee risk appetite, team recruitment and broker relationships.

At a glance

  1. Vantage described the launch as part of its plan to scale specialty insurance and reinsurance following Howard Hughes Holdings' acquisition in June 2026.
  2. For brokers and allocators, the new unit's single-risk property capacity will depend on the risk appetite and recruitment decisions Pickard controls; she reports directly to the group chief executive.
  3. Pickard's property facultative career began at Gen Re and included underwriting leadership roles at Arch Re, where she was the company's first chief strategy officer, before she founded advisory firm Atlas Gray.

Vantage Group Holdings launched a facultative reinsurance division on Nov. 3 and hired Lisa Pickard as its president, Royal Gazette Bermuda Re reported. Pickard reports directly to CEO Greg Hendrick and is responsible for the division's strategic direction, risk appetite, team recruitment and broker relationships.

Vantage described the launch as part of its plan to scale specialty insurance and reinsurance following Howard Hughes Holdings' acquisition in June 2026. Executive Chairman Marc Grandisson said Pickard brings "rare depth as both an underwriting leader and strategist" and a record of "building high-calibre teams and scaling disciplined portfolios."

For brokers and allocators, the new unit's single-risk property capacity will depend on the risk appetite and recruitment decisions Pickard controls; she reports directly to the group chief executive.

Pickard's property facultative career began at Gen Re and included underwriting leadership roles at Arch Re, where she was the company's first chief strategy officer, before she founded advisory firm Atlas Gray. Atlas Gray works with insurers on underwriting strategy, portfolio construction, operating models and leadership development.

Reported by the Cat bonds & reinsurance desk from Royal Gazette Bermuda Re. Published . Corrections

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