Avid Holdings
Avid Holdings is a private investment firm in New York, NY, founded in 2024, that invests directly in its own deals.
Avid Holdings is the parent company of Compass Insurance Company, a New York–domiciled property and casualty insurer. Rather than selling through agents itself, Compass partners with established managing general agencies (MGAs) to underwrite specialty insurance programs, choosing programs with a proven underwriting history, defined loss ratios, reinsurance-supported risk sharing and non-catastrophic exposures. Avid earns from underwriting profit, investment income and carrier service fees, and is led by insurance, finance and claims executives who previously worked at AIG, Chubb, Everest Re, Accenture and Citigroup.
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Team
The people behind the firm. Investors trust people, not logos.
Craig Berger
Founder & Chief Executive Officer
Craig Berger is Founder and Chief Executive Officer of Avid Holdings, the parent company of Compass Insurance Company, where he leads strategy, capital formation, financial management and risk. He also founded Avid Realty Partners, which has acquired roughly 2,000 apartment units worth over $300 million. Before that, Berger spent more than a decade as a semiconductor equity research analyst at Smith Barney Citigroup and FBR Capital Markets, and earlier held corporate finance roles at Intel. He is a CFA charterholder and a CPA (inactive).
Gary Sussman
Chief Financial Officer & Treasurer
Gary Sussman is Chief Financial Officer and Treasurer of Compass Insurance Company, responsible for financial management, statutory reporting, treasury, capital planning and regulatory obligations. He has more than 35 years of experience in insurance finance. Before Avid Holdings acquired Compass, Sussman was Treasurer of Northwestern National Insurance Company, overseeing statutory reporting through its runoff and ownership transition. He earlier spent more than 20 years at Armco Inc. (later AK Steel) in senior finance roles, and holds a BSBA from The Ohio State University and an MBA from the University of Chicago Booth School of Business.
Patricia Henson
Chief Operating Officer & Secretary
Patricia Henson is Chief Operating Officer and Secretary of Compass Insurance Company, overseeing its administration, regulatory compliance, governance, licensing and operations. She has more than 35 years of property and casualty insurance experience. Before Avid Holdings acquired Compass, Henson was Chief Operating Officer of Northwestern National Insurance Company and Compass, managing their runoff operations and guiding Compass through its ownership transition into an active program insurance carrier.
Andrew Davis
Capital Formation & Investor Relations
Andrew Davis leads capital formation and investor relations for Traction Capital. He is the founder of Equity Check, a private investor network that evaluates sponsors on alignment, asymmetry and accountability. Before Equity Check, Davis built and led investor relations teams at two large private equity firms, including DLP Capital; those teams raised over $500 million and served nearly 2,000 investors.