(Photo credit: Thief12.)
Advantage Insurance Inc., a San Juan, Puerto Rico-based provider of customized insurance solutions for businesses and individuals, has appointed Tamara K. Kravec Chief Financial Officer. In this role, Kravec is responsible for Advantage’s financial reporting, corporate development and strategy, treasury and investor relations activities. She has served as a consultant to Advantage since August 2017 and will be based in Advantage’s San Juan headquarters.
Kravec was most recently CEO of BWT Consulting, LLC, which she founded and worked as a strategic advisor to insurance and investment management companies. Prior to that, she was a Partner, Managing Director, and Senior Equity Research Analyst at NWQ Investment Management, LLC, a subsidiary of Nuveen Investments. At NWQ, Ms. Kravec was responsible for driving investment portfolio construction through research analysis and idea generation in the global insurance, REIT and consumer discretionary sectors. Ms. Kravec joined NWQ from Banc of America Securities where she was Senior Equity Research Analyst for the Life Insurance sector and also had equity research management responsibilities. Prior to Banc of America Securities, Ms. Kravec held positions in equity research at Morgan Stanley and Credit Suisse First Boston. Ms. Kravec holds an MBA degree from New York University Leonard N. Stern School of Business and a Bachelor of Science degree in Economics from Miami University in Oxford, Ohio.
“We are extremely pleased to have Tamara join our team,” comments Walter Keenan, CEO, Advantage. “She has extensive industry knowledge in the financial services and insurance sectors, and highly relevant experience both analyzing and consulting for life insurance companies. We welcome Tamara to Advantage and look forward to working with her and leveraging her strengths as we continue to grow our business.”
Poised for Significant Growth
“I am excited to be joining Advantage Insurance at a time when it is poised for significant growth,” comments Kravec. “Advantage has a strong specialty insurance business combined with a differentiated approach to investing, which is well matched to my background and experience. I look forward to making a significant leadership contribution to the ongoing and future success of the company.”
Advantage serves approximately 400 clients and administers over $2 billion of insurance assets from its headquarters and additional locations in the Cayman Islands and United States. Advantage’s primary lines of business include private placement life insurance, captive insurance management and alternative risk transfer services.