[April 16, 2015] |
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TigerRisk Taps Ursano to Drive Transformative Integrated Reinsurance, Capital Markets and Advisory Approach
TigerRisk Partners LLC, the reinsurance broking and risk/capital
management firm, today announced that it has appointed Tony Ursano as
its President. In his new role, Mr. Ursano, a veteran investment banker
and reinsurance expert, will help grow the firm's business, identify and
source the most efficient forms of capital available for TigerRisk's
clients as well as build a world-class merger and acquisitions advisory
business.
"Rod Fox, CEO of TigerRisk said: "In this new dynamic environment, it's
all about capital. Jim Stanard and I have always been impressed with
Tony's skills and success in the marketplace. We believe our clients
want the most efficient capital solution, whatever form that may take,
and the best strategic advice possible. We also believe our solutions
should be delivered globally in a holistic fashion, not just through
separate units selling different products. Tony has a deep understanding
of what clients need and the ability to find the optimum way to achieve
it. With his many years of insurance industry and investment banking
experience, key industry relationships and outstanding reputation, we
know Tony can deliver on these goals."
Jim Stanard, Charman of TigerRisk added: "I have known Tony for over 20
years - many of those years as a very satisfied client. I'm delighted
that he is joining TigerRisk. Our focus is to provide creative risk
management solutions and advice to our clients. Reinsurance, capital,
risk control and innovative ideas are the tools we use to accomplish
this. Tony brings us world-class capability in capital markets solutions
as well as the vision to fully integrate these tools for our client's
benefit."
Previously, Mr. Ursano was CEO of Willis Capital Markets and Advisory
where he built a highly successful insurance-focused investment banking
business. He began his career at Donaldson, Lufkin, and Jenrette and
subsequently worked for SG Warburg, Merrill Lynch, and Banc of America
Securities where he was global head of the Financial Institutions Group
for nine years before being named Vice Chairman in 2008. With over 28
years as an investment banker focused on the insurance industry, he has
been involved in more than 125 debt, equity and ILS capital offerings as
well as more than 100 mergers and acquisitions.
"I have followed and admired the extraordinary growth and success of
TigerRisk from startup to industry leader and innovator," said Mr.
Ursano. "I've known Jim and Rod for over 20 years and have the utmost
level of respect and admiration for their vision, expertise and
approach. I look forward to working with the entire TigerRisk team to
continue driving growth and creating a highly analytical, insightful,
objective and high quality insurance capital markets and advisory
business."
Mr. Ursano graduated from the University of North Carolina Chapel Hill
as a Morehead Scholar. He was also a member of UNC's National
Championship NCAA Division I Lacrosse Team.
He will work from TigerRisk's newly formed New York office.
TigerRisk Partners is a privately held reinsurance broker and
risk/capital management advisor founded in 2008 by Jim Stanard, founder
and former CEO of Renaissance Re, and Rod Fox, former CEO of the U.S.
operations of Benfield.
TigerRisk is based in Stamford, CT., with offices in New York, Bermuda,
London, Minneapolis, Chicago, Raleigh and Dallas. For more information
visit TigerRisk.com.
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