Bermuda ILS specialist Horseshoe hires COO

Bermuda-based insurance-linked securities (ILS) manager Horseshoe Group has appointed a new chief operating officer (COO).

Brenton Slade, a founding member of Flagstone Reinsurance, will be responsible for leading the global business operations of the Horseshoe Group and focusing on brand strength, day to day operations, business development and client service delivery.

Between 2005 and 2013, Slade was the chief marketing and capital markets officer for Flagstone Reinsurance.

He was responsible for capital market initiatives including capital structure transactions, ILS, cat bond, and sidecar businesses, as well as investor relations, firm-wide marketing, and a member of the executive committee.

Andre Perez, chief executive officer, said: “Brent brings extensive knowledge in the insurance convergence space. We are thrilled to have been able to attract someone of his calibre. Brent has held leadership positions in the reinsurance and alternative investment industry for over 15 years and the two of us will work closely together to bring the Horseshoe Group to the next phase of its development.”

Slade added: “I am excited to be joining a demonstrated leader in the convergence of the capital markets and re/insurance. Andre has put together a first-rate team of professionals and I look forward to working with them in growing the business and expanding the scope of possibilities this burgeoning sector of the market is sure to provide.”