Specialty mortgage insurer and reinsurer Vantage Risk has appointed Paul Livingstone senior vice president for credit, mortgage, and structured re/insurance. Since early 2020, Livingstone had served as managing principal of Bear Risk Advisory, LLC, an advisory firm across a range of areas including credit risk transfer insurance for structured and private assets.
“Credit, mortgage, and structured re/insurance are important specialty markets, and I look forward to working with my colleagues to expand [Vantage Risk’s] offerings to partners and clients,” Livingstone said in a post on his appointment on LinkedIn. “Grateful to the leadership team for the opportunity to help drive Vantage’s success.”
In its own LinkedIn post, Vantage Risk pointed to Livingstone’s nearly four decades of experience. His career also includes leadership roles at Assured Guaranty and Ambac Assurance, where he contributed to business development and innovation.
In this new role, Livingstone is to lead expansion of Vantage's credit risk re/insurance business, focusing on identifying opportunities to diversify its portfolio. He will work closely with Vantage's underwriting teams, according to the company, “to support strategic growth and enhance the company's credit risk capabilities.”
Livingstone will report to Chris McKeown, chief executive of reinsurance, innovation, and insurance-linked securities.
"Paul's extensive industry experience and innovative mindset make him an invaluable addition to our team," McKeown stated in a release. "His leadership will be instrumental in expanding upon and executing our strategy for credit risk and structured re/insurance, and we are confident in his ability to drive growth and deliver exceptional value to our brokers and clients."
