NEW YORK--(BUSINESS WIRE)--Victor Insurance Holdings, a leading managing general underwriter, today announced the appointment of Eric Solash as Global Head of Capital Markets.
In this newly created role, Mr. Solash is responsible for advancing Victor’s capital markets strategies globally across all classes of property/casualty insurance.
Mr. Solash brings more than 20 years of capital markets, alternative funding, and insurance investment banking experience to Victor. He previously served as Managing Director and Head of Alternative Funding at General Electric Company with responsibility for funding GE’s global infrastructure projects in power, renewable energy, and health care developments. Prior to GE, he led the insurance investment banking team at Freeman & Co. Mr. Solash has also been involved with establishing a private wealth life insurance managing general agency and separately with new technology start-ups. He has been working with Victor on a consulting basis since January.
Mr. Solash is based in New York and reports to Christopher Schaper, CEO of Victor.
Commenting on Mr. Solash’s appointment, Mr. Schaper said: “As the property/casualty insurance industry evolves, Victor is at the forefront in creating innovative risk transfer solutions using both traditional and alternative capital capabilities. With Eric’s expertise and experience, we can bring new solutions and sources of capital to the marketplace providing insureds with more options than ever before.”
In 2017, Victor O. Schinnerer & Company, a Victor company, launched Alternus, the first dedicated commercial insurance solution for US businesses backed by alternative capital offered through retail distribution.
About Victor
Victor Insurance Holdings, formerly known as The Schinnerer Group, is the world’s largest managing general underwriter with locations in the US, Canada, UK, Bermuda, Netherlands, and Italy. It handles more than $1.2 billion in premium on behalf of numerous insurance carriers, through a large network of more than 25,000 active insurance agents and brokers. With deep, specialized underwriting expertise, the company provides a wide range of insurance coverage -- from specialty property and casualty to professional liability to group and retiree benefits. Victor Insurance is committed to building on 60-plus years of experience to develop products that address risk in new and evolving areas. For more information, visit www.victorinsurance.com.
