Reinsurance broker TigerRisk Partners has appointed Tony Ursano as president of the company.
Ursano recently stepped down from his role as chief executive officer (CEO) of Willis Capital Markets & Advisory (WCMA), after six years in the role.
According to TigerRisk, Ursano 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. He will work from TigerRisk’s newly formed New York office.
“I have followed and admired the extraordinary growth and success of TigerRisk from startup to industry leader and innovator,” said 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,” he added.
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, chairman 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."
TigerRisk Partners, Bermuda, North America, Tony Ursano, Willis, Willis Capital Markets & Advisory