Montpelier Re Holdings—global provider of property catastrophe and short tail reinsurance solutions—has launched Blue Capital, an asset management platform offering a range of catastrophe reinsurance-linked investment products to institutional and retail investors.
Chris Harris, president and CEO of Montpelier, said: “Montpelier has been successfully managing third-party capital since 2004, and Blue Capital represents the latest step in the expansion of our underwriting partnership business.”
“Blue Capital broadens the product mix we can offer clients, and investors benefit from Montpelier’s long-established underwriting expertise and relationships.”
William Pollett, Montpelier’s chief corporate strategy and development officer, has been named president of Blue Capital Management and Jason Pratt, Montpelier’s chief investment officer, will take on the role of president of Blue Capital Advisors.
Both Pollett and Pratt will retain their existing Montpelier roles in addition to jointly leading Blue Capital.
