EXIN Partners is a global investor based in the Netherlands focused on defining the next sustainable growth cycle in the insurance, reinsurance, asset management and fintech sectors. We aim to improve risk-adjusted returns in our portfolio companies from greater operational efficiencies, higher margins, more stable earnings and lower correlation risk through our deep sector experience and use of proprietary intelligent data.
EXIN Partners recognises the need for a more comprehensive use of insurance company attributes and better returns from insurance capital. We are building an asset-agnostic financial services ecosystem via a unique asset-gathering operating model, spanning life and pensions, specialty and general insurance, distribution and asset management.
EXIN Partners and its portfolio companies make extensive use of proprietary intelligent data, artificial intelligence, machine learning and mobile technology to optimize operations and capital efficiency, lower the cost of acquisition and ultimately improve the customer experience through innovative products and services.
Matt Fairfield is a distinguished entrepreneur with 28 years of experience in the insurance and reinsurance sectors.
In 2011, he established ANV Holdings BV, a global specialty insurance group based in Amsterdam, with Ontario Teachers’ Pension Plan as its lead LP. Under his direction, the firm grew organically and through the acquisition and revamping of three Lloyd’s of London syndicates 1861, 5820 and 779. By the time he stepped down from ANV in 2015, Matt had built an insurance and reinsurance business with annual gross managed premium of US$ 1bn, with offices in Barcelona, Kansas City, London, New Jersey and Rio de Janeiro.
Matt began his insurance career as an underwriter at AIG in 1989. After joining Aetna/Executive Risk in 1991 he founded and managed UAP Executive Partners, a joint venture between Union des Assurances de Paris ("UAP") and Aetna/Executive Risk, providing financial lines liability insurance outside of the United States from their Paris based offices. After AXA's merger with UAP the company was later renamed AXA Global Risk.
In 1999, Matt co-founded MAG Global Financial Products, a Barcelona based underwriting agency specializing in financial lines liability insurance. In 2002, while he was Chairman and CEO of MAG, the company was acquired by HCC Insurance Holdings to underwrite financial lines and related products globally and went on to become their most profitable subsidiary.
Matt is a sought after public speaker and has appeared frequently at numerous industry events.
AIG Greece was the first of EXIN Partners' transformative deals. EXIN acquired the Managing General Agent (MGA) business from AIG in December 2016. EXIN Partners is now an equal partner with the founding families of the business, Canellopoulos Adamantiadis (C&A) Insurance Agency.
From its humble beginnings in 1935 as an insurance agent for Titan Cement, AIG Greece has grown to insure the cars, homes and businesses of approximately 500,000 Greek clients. Business customers include 20 of the largest companies quoted on the Athens Stock Exchange and thousands of independent traders across the country.
EXIN is investing in systems upgrades that will help AIG Greece better serve its network of brokers and business introducers, its retail and commercial customers, and to deliver new technology and apps to enhance customer service, claims handling and insurance product design. Initial upgrades and improvements will be rolled out in 2017 as back-office and underwriting systems are unified.