TigerRisk To Open New Office In Bermuda

TigerRisk Partners are set to open a new office in Bermuda later this month, which they said will enable continued growth in the retro market.

In a statement announcing the new office, Rod Fox, CEO of TigerRisk, said, ”These buyers want more creative, more efficient structures,” adding that these desires play into his firm’s strengths—property cat expertise, and the development of innovative solutions.

Alex Bridges, from TigerRisk’s London office, has moved to Bermuda to lead the new business platform. While the office will perform traditional reinsurance broking functions, its primary purpose will be to answer strong demand for retrocessional solutions for Bermuda clients.

The Bermuda office continues TigerRisk’s business expansion and will enable continued growth in the retro market with dedicated retro broker teams located in Stamford, Conn., London, and Bermuda, the announcement said.

TigerRisk is a privately held reinsurance broker and risk and capital management advisor founded in 2008,.

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