Private investment firm Pelican Ventures has launched Tango Specialty, a modern, commercial lines managing general agency (MGA), and appointed Greg Wolyniec as President and CEO. 

Tango Specialty will establish several sizeable programs with leading underwriting expertise supported with insurance capacity partnerships that will serve the complex needs of select specialty market clients and brokers.

As part of the launch, Tango acquired V3 Insurance Partners LLC, an existing MGA focused on specialty workers’ compensation and commercial property products. V3 will continue to operate its well-known underwriting divisions and will also serve as a turn-key shared-services operating platform supporting the new underwriting units under the broader Tango brand.

Read more at Private Equity Wire