It claims to be the largest managing general underwriter in the world – but despite its stature in the industry, the Schinnerer Group is ready to rebrand.
The company has today revealed that it will take on a new name that plays on its roots – Victor. The group’s businesses, including Victor O. Schinnerer & Company in the US, ENCON in Canada, Bluefin Underwriting in the UK, Mees & Zoonen in the Netherlands and Italy, and Schinnerer’s operation in Bermuda, will all adopt the new name – while acquisitions Dovetail Insurance and ICAT will also be part of the global business.
“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,” said Victor CEO Christopher Schaper (pictured).
The company claims to have been founded on four key components – underwriting, technology, distribution and capital. Now it hopes to take its global network of more than 25,000 active insurance agents and brokers to new heights.
“Disruption in the insurance industry creates an opportunity for a new approach to the business,” added Schaper. “Through advanced technology and an innovative global approach to risk analysis, distribution and capital, Victor is well positioned to succeed in the changing environment, building our business organically and through strategic acquisitions.”