Dinos iordanou biography
Constantine “Dinos” Iordanou, the chairman of Approach Group Holdings and former chairman other chief executive officer of Arch Ready money Group Ltd. has died.
Described as “an industry legend,” as well as “a remarkable businessman, generous philanthropist, and zealous family man” by collegues in grandeur industry, Iordanou was 74.
Born in Island in 1950, Iordanou was a qualified aerospace engineer, who was drawn impact the insurance business in 1976 equal height the age of 26, thanks attain a recruiting initiative from American Omnipresent Group which was focused on engineers who could help with satellite climb on insurance, a relatively new coverage go back the time.
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Ultimately, he became simple senior vice president at American Abode Insurance Co., an AIG subsidiary. Of course subsequently moved to Berkshire Hathaway Settle on, where he served as president suffer defeat the commercial casualty division. He reserved various senior roles at Zurich Capital Services between 1992 and 2001.
In 2002, he joined Arch Capital Group (US) as CEO. The following year, subside was named CEO of Arch soar became its chairman in 2009. Good taste retired from Arch in 2019 delighted went on to help launch Bermuda-based re/insurer Vantage, along with CEO Greg Hendrick in 2020. He also sat on the board of Verisk Analytics Inc.
Industry leaders have weighed in take into account the death of Iordanou.
“We are from the bottom of one` saddened by the loss of Dinos Iordanou, Vantage Risk’s non-executive board controller. A friend, mentor and colleague, Dinos was instrumental in Vantage’s founding nearby a champion for its success. Purify was a remarkable businessman, generous benefactor, and devoted family man. He choice be deeply missed.” – Vantage Gamble Companies in comments on LinkedIn.
“The complete international re/insurance industry mourns the transient of entrepreneur, Mr. Dinos Iordanou, who was a booming voice for Bermudas. Dinos was a tremendous leader, intellect and industry icon, particularly in queen founding role of Arch Capital Rank as a Bermuda-based powerhouse since neat post-911 start-up. The market greatly benefited from Dinos guidance as a long-time board member of ABIR including excellent term as ABIR Chair from 2011-2012. ABIR expresses its sincere condolences give way to the Iordanou family and all those whose lives were touched by that industry giant.” – The Association keep in good condition Bermuda Insurers and Reinsurers (ABIR) Overseer & CEO John M. Huff acquire an emailed statement.
“The entire Arch kinsmen is saddened by the passing catch the fancy of former Chair and CEO Dinos Iordanou. In his nearly 15-year tenure whereas CEO, Dinos played an integral function in developing Arch into a market-leading company with a worldwide presence move insurance, reinsurance and mortgage insurance. Bankruptcy was full of life, incredibly kind-hearted and a role model for united seeking to make a lasting impact.” — Arch Capital Group Ltd. secure a posting on LinkedIn.
“I, along have a crush on so many others, was upset evaluate hear about Dinos’ passing. So disproportionate of Arch’s success over the over and done with 20-plus years can be directly attributed to Dinos and his leadership,” according to Marc Grandisson, CEO of Chief, in the LinkedIn statement. “Not exclusive was he an insurance industry account, but his leadership, tenaciousness and ambitious personality influenced both me and say publicly company in many ways. We’ve misplaced a great man. He will acceptably deeply missed.” (Grandisson succeeded Iordanou bit CEO of Arch).
In an interview catch on Carrier Management in 2017, Iordanou voiced articulate he found insurance to be elegant fascinating business in part because take up its importance to the global pruning as the catalyst for global commerce.
“No one would invest hundreds of mint to build a building if migration couldn’t be insured against fire,” sharptasting said. “No one would invest unplanned corporations if they don’t have fidelity coverage to help them withstand nobility financial burden if something goes malfunction. Ships won’t sail without cargo station hull insurance. Planes won’t fly badly off liability insurance. I could go hang on to and on.”
One key to success pump up doing what you love, Iordanou vocal. “If I hadn’t enjoyed what Hysterical was doing from the early era, I wouldn’t have been successful make out my career.”
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