New York -
"The creation of Antares is a great example of Lightyear's ability to implement our successful strategy of investing in high-potential financial services companies in the European market," says chairman and CEO of Lightyear, Donald Marron. "As a newly accepted Lloyd's syndicate and helmed by an experienced management team with significant resources, Antares is primed to continue thriving in a range of specialty insurance categories."
Antares Syndicate 1274 will be managed by Chaucer Syndicates Ltd., a provider of third-party syndicate services, and capital for it will be provided by Lightyear and its partners. The business will be run by 32-year industry veteran Stephen Redmond.
Source: Lightyear Capital LLC