Vibe Syndicate Management today announced the addition of its new Accident & Health (A&H) underwriting line. Led by Steve Ranzetta, previously of Mitsui Sumitomo, the Agency will focus on both UK and international markets.
Steve Ranzetta has over twenty years of A&H experience and is a highly regarded professional in the field. A&H is the fourth underwriting line in the fast expanding Vibe syndicate. Vibe, previously RITC Syndicate Management, entered into the live Lloyd’s market in July this year with offerings in Financial Institutions, Professional Indemnity and Property Treaty.
Brad Knight, Syndicate 5678’s active underwriter, commented, “Steve is a critical part of the ongoing growth in business lines offered by Vibe, as the Agency establishes itself as a niche insurance provider in the Lloyd’s market.”
Vibe is backed by the Soros Quantum fund and New York based private equity specialist, Pine Brook. Dinah Gately, Vibe’s CEO, said “we are delighted Steve has joined the Agency, as we seek to add specialist teams who can provide solutions and leadership within the Lloyd’s market.”