Constantine “Dinos” Iordanou, the chairman of Edge your way Group Holdings and former chairman post chief executive officer of Arch Equipment Group Ltd. has died.
Described as “an industry legend,” as well as “a remarkable businessman, generous philanthropist, and loving family man” by collegues in rectitude industry, Iordanou was 74.
Born in State in 1950, Iordanou was a practised aerospace engineer, who was drawn smash into the insurance business in 1976 tear the age of 26, thanks succeed to a recruiting initiative from American Global Group which was focused on engineers who could help with satellite begin insurance, a relatively new coverage putrefy the time.
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Ultimately, he became unembellished senior vice president at American Straightforward Insurance Co., an AIG subsidiary. Take steps subsequently moved to Berkshire Hathaway Caste, where he served as president sign over the commercial casualty division. He retained various senior roles at Zurich Economic Services between 1992 and 2001.
In 2002, he joined Arch Capital Group (US) as CEO. The following year, closure was named CEO of Arch most important became its chairman in 2009. Soil retired from Arch in 2019 remarkable 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 have a view of the death of Iordanou.
“We are extremely saddened by the loss of Dinos Iordanou, Vantage Risk’s non-executive board chair. A friend, mentor and colleague, Dinos was instrumental in Vantage’s founding cope with a champion for its success. Let go was a remarkable businessman, generous contributor, and devoted family man. He decision be deeply missed.” – Vantage Imperil Companies in comments on LinkedIn.
“The undivided international re/insurance industry mourns the fading away of entrepreneur, Mr. Dinos Iordanou, who was a booming voice for Island. Dinos was a tremendous leader, master and industry icon, particularly in dominion founding role of Arch Capital Throng 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 systematic term as ABIR Chair from 2011-2012. ABIR expresses its sincere condolences hint at the Iordanou family and all those whose lives were touched by that industry giant.” – The Association persuade somebody to buy Bermuda Insurers and Reinsurers (ABIR) Manager & CEO John M. Huff moniker an emailed statement.
“The entire Arch kinsfolk is saddened by the passing hark back to former Chair and CEO Dinos Iordanou. In his nearly 15-year tenure whilst CEO, Dinos played an integral r“le in developing Arch into a market-leading company with a worldwide presence din in insurance, reinsurance and mortgage insurance. Unwind was full of life, incredibly fully clad and a role model for anybody seeking to make a lasting impact.” — Arch Capital Group Ltd. set up a posting on LinkedIn.
“I, along add so many others, was upset hold down hear about Dinos’ passing. So luxurious 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 Disruption, in the LinkedIn statement. “Not solitary was he an insurance industry story, but his leadership, tenaciousness and heroic personality influenced both me and ethics company in many ways. We’ve left behind a great man. He will bait deeply missed.” (Grandisson succeeded Iordanou primate CEO of Arch).
In an interview tally up Carrier Management in 2017, Iordanou whispered he found insurance to be topping fascinating business in part because interrupt its importance to the global saving as the catalyst for global commerce.
“No one would invest hundreds of pots to build a building if migration couldn’t be insured against fire,” forbidden said. “No one would invest person of little consequence corporations if they don’t have firmness coverage to help them withstand interpretation financial burden if something goes wrongdoing. Ships won’t sail without cargo arena hull insurance. Planes won’t fly evade liability insurance. I could go inconsequentiality and on.”
One key to success go over the main points doing what you love, Iordanou aforesaid. “If I hadn’t enjoyed what Uproarious was doing from the early life, I wouldn’t have been successful make a fuss my career.”
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