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The Schinnerer Group, Marsh & McLennan Cos. Inc.’s underwriting manager unit, said Tuesday it is rebranding as Victor.
Chevy Chase, Maryland-based Schinnerer said it will take up the Victor brand over the next year and combine to operate as a global entity that includes Victor O. Schinnerer & Co. in the United States; ENCON in Canada; Bluefin Underwriting in the United Kingdom; Mees & Zoonen in Italy and the Netherlands, and Schinnerer’s operation in Bermuda.
Recent Schinnerer Group acquisitions International Catastrophe Insurance Managers L.L.C. and Dovetail Insurance Inc. will also be part of the Victor global business but retain their current names, the company said in its announcement.
“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,” Victor CEO Christopher Schaper said in the statement.
The company said the new name is reflective of the firm’s history and its new global operating model.
Victor O. Schinnerer & Co. said Monday that it has expanded its Builders Risk program to include coverage for commercial construction and commercial and residential remodeling.