Reinsurance broker and risk management advisor TigerRisk Partners has set up a new subsidiary in the UK which will be led by a prized recruit from a rival firm.
The company has appointed Leo Beckham as managing director of its investment and banking unit, TigerRisk Capital Markets & Advisory, in London effective November 2.
In his new position, Beckham will help build TigerRisk’s capital markets and advisory business in the UK and Europe. He will report to Tony Ursano, TigerRisk president and CEO of the investment and banking subsidiary.
“Leo’s investment banking, insurance, reinsurance and corporate development experience is perfectly suited to help us as we continue to build the industry’s leading strategic, capital and reinsurance advisor,” Ursano said.
“Leo’s extensive involvement in the Lloyd’s, UK and European markets will be invaluable as we continue to build out our global presence.”
Beckham joins from Willis Capital Markets & Advisory, where he was involved in several high-profile insurance industry transactions while developing close relationships in the Lloyd’s market.
He has also been involved in a wide array of corporate transactions and large-scale reorganizational and build-out projects at firms such as Canopius
Commenting on his appointment, Beckham said he is “particularly compelled by TigerRisk’s business model.”
“The insurance industry is rapidly evolving and TigerRisk is right at the heart of the action,” Beckham said.
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