Private equity firms Carlyle Group and Hellman & Friedman completed the $1bn investment in Vantage Group, an insurance company. “2020 has reinforced the riskier nature of our world and the re/insurance markets. Risk changes constantly, and we in the insurance industry must demonstrate our ability to evolve with it, to offer clients coverage that meets their current challenges. To do that, we brought together some of the brightest, most experienced minds in re/insurance to approach the new world of risk in a fresh way -- with curiosity at its core and creativity as its engine. At Vantage, we will address the risks others avoid with smart technology and robust analytics," Greg Hendrick, Vantage CEO.