Multi-Strat elects new director
Bermuda-based specialty insurer Multi-Strat Holdings has announced that Raymond O’Neill, principle of professional services firm ARC Directors, has been elected to MultiStrat’s board of directors.
O’Neill has been heavily involved in the asset management industry for the last 28 years, holding senior management and leadership positions at Bank of Bermuda, Atlantic Corporate Management, Investors Bank & Trust, and RSM Robson Rhodes.
Prior to his current role, O’Neill was the founding member and chief executive officer (CEO) of Kinetic Partners, a global professional services firm launched in 2005 employing 170 people.
“It is a pleasure to welcome Raymond to MultiStrat’s board of directors,” said Bob Forness, chairman and CEO of MultiStrat.
“Raymond’s expertise and insights on building a high quality, service oriented international platform for our asset management clients will be invaluable at this stage of the company’s development.
“I look forward to working with him as we enhance and expand the number of asset manager sponsored reinsurance companies on our platform.”
O’Neill commented: “I am delighted to be joining the board of MultiStrat where the strong management team is creating entrepreneurial solutions that bridge the insurance and investment management industries globally. I look forward to supporting the team in achieving their strategy.”