Horseshoe chairman steps down
Horseshoe chairman Andre Perez has stood down. The Bermuda based private investor completed his last day with the business on Monday.
Perez founded the business in 2005 and, acquiring IKONIC Fund Services in 2016, grew it to become the largest insurance linked securities service provider in the world. In 2019, the business was bought by Artex.
He served as CEO until last year, last June and was succeeded by Kathleen Faries. At the time, Perez took on a new role as chairman, acting as an advisor to the business with a focus on strategic business opportunities as well as mergers & acquisitions.
Announcing his last day on LinkedIn, Perez wrote: “As I reflect on the last 17 years and the incredible company my fantastic team and I built together, I can’t help but be amazed at and proud of all the things we accomplished to become the leading service provider in the ILS market. I want to take this opportunity to once again thank the Horseshoe team and their incredible dedication as well as our clients/business partners for their support, trust and friendship over the years.”
Perez has over 30 years’ experience in global re/insurance. Before founding Horseshoe, Perez was head of office for Alea in Bermuda. He has also held senior roles at KPMG, Coopers & Lybrand Canada and Zurich Insurance.
He continues in his role as chairman of Janousek and Stampfli Boats, a British-based-business building competition rowing boats since