Legeis Capital rethinks alternatives and insurance
Monday, February 01, 2021
Bailey McCann, Opalesque New York:
A group of insurance industry veterans have come together to form Legeis Capital. Legeis is designed to provide reinsurers with access to public and private investments that typically have higher returns than the fixed income portfolios common within the insurance industry. Legeis works with reinsurers and investment managers on portfolio construction with the goal of keeping investment fees low.
Legeis is led CEO Michael Siegel, who was previously CEO of RBC Alternative Asset Management and Chairman Michael Morrissey, who was CEO of the International Insurance Society. Joe Taussig, founder of Taussig Capital serves as Director.