Constantine P. Iordanou (1950 – 16 June 2024) was a Cypriot insurance executive who was the chairman of the board and president and CEO of

Arch Capital Group Arch Capital Group Ltd. (Arch Capital or ACGL) is a Bermuda exempted public company which writes insurance, reinsurance and mortgage insurance on a worldwide basis, with a focus on specialty lines, the segment of the insurance industry where the ...

, an

insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect ...

reinsurance Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. With reinsurance, the company passes on ("cedes") some part of its own insu ...

, and

mortgage insurance Mortgage insurance (also known as mortgage guarantee and home-loan insurance) is an insurance policy which compensates lenders or investors in mortgage-backed securities for losses due to the default of a mortgage loan. Mortgage insurance can be ...

firm.

History

Iordanou was the oldest of six children on the island of Cyprus. His father was a police officer. Iordanou immigrated to the United States in 1969. He graduated New York University with a BS in Aerospace Engineering. After college, Iordanou worked for

AIG American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. As of 2023, AIG employed 25,200 people. The company operates through three core ...

. He was hired by

Berkshire Hathaway Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of c ...

in 1987 and worked as president of the company's commercial casualty insurance division. He worked at Zurich North America from 1992 to 2001, including as COO and CEO of Zurich American and CEO of Zurich North America. Iordanou was listed at #46 on

The National Herald ''The National Herald'' is an English-language weekly newspaper, based in New York City, focusing on the Greek-American community. It was founded in 1997 and added a website in 2004. Its headquarters are in the Long Island City neighborhood of th ...

's list of Wealthiest Greek-Americans. He was named 2017 Insurance Leader of the Year by St. John's University's School of Risk Management.

Arch Capital Group

Iordanou started Arch Capital Group with Paul Ingrey and Robert Clements in 2002, overseeing the firm's holding company. He was named CEO in 2002 and chairman of the board in 2009. Iordanou was the director at Verisk Analytics, Inc., the Association of Bermuda Insurers and Reinsurers (ABIR), and the

American Insurance Association The American Insurance Association (AIA) is an insurance industry trade association representing about 300 insurance companies that provide property insurance and/or casualty insurance in the United States. Founded in 1866 as the National Board ...

(AIA). In 1975, he helped found the Pancyprian Association of America. Iordanou was a founding member of ''Faith: An Endowment for Orthodoxy and Hellenism''.

Death

Iordanou died on 16 June 2024, at the age of 74.

References

{{DEFAULTSORT:Iordanou, Constantine P. 1950 births 2024 deaths Cypriot businesspeople 21st-century Cypriot businesspeople Cypriot emigrants to the United States Cypriot expatriates in Bermuda