Volante is backed by Nephila Capital the principal provider of equity capital to our business. Volante’s management team have also invested alongside Nephila to ensure optimal alignment of interests. Nephila is the world’s largest insurance-linked securities and reinsurance-linked investments manager and has managed institutional assets in the reinsurance space for over 20 years. Nephila is led by Frank Majors and Greg Hagood and has an exceptional team of dedicated individuals with diverse talents and backgrounds. In November 2018, Markel Corporation (NYSE-MKL), a global specialty insurer and investment company headquartered in Richmond, Virginia, acquired 100% of the equity of Nephila Holdings Ltd.
There is a clear synergy between Nephila Capital and our organisation, and a recognition of the need for Volante not only to be an MGA built to the specifications of current market conditions, but one with the flexibility, responsiveness and ability to evolve and advance in tandem with rapidly changing industry demands.
To support that endeavour, we are backed by some of the most robust capacity in the re/insurance market. Every division within the Volante Global Group of Companies benefits from large-scale capacity support delivered by a panel of carriers rated A or above. This provides our insureds with an exceptional level of security and the peace of mind which comes from knowing that their risks are underwritten by some of the most robust and respected capacity providers in the re/insurance market.