STAMFORD, Conn.--(BUSINESS WIRE)--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, 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."
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.