Howden Tiger, the reinsurance broking and threat capital administration arm of Howden, has reshuffled its high management, naming Tim Ronda as its new CEO from January 1 2024.
Ronda is at the moment President of Howden Tiger, however in a management reshuffle he’ll tackle the Chief Government Officer position, as present CEO Rob Bredahl is about to now develop into a co-vice chair of the corporate.
Within the new place as CEO of Howden Tiger, Ronda will report on to David Howden, CEO, Howden.
He’ll work intently with Rob Bredahl and Elliot Richardson, each set to develop into co-vice chairs, in addition to with Rod Fox who stays Government Chairman of the reinsurance dealer.
Bredahl is about to retain a pivotal place within the Howden Tiger enterprise and, of specific relevance to the insurance-linked securities (ILS) market, Bredahl will even tackle the title of Government Chair of Howden Tiger Capital Markets.
The corporate believes that in his new position, Bredahl will be capable to dedicate extra time to purchasers and to the capital markets enterprise, which is a key progress space for Howden Tiger.
Ronda had joined TigerRisk Companions in October 2021 from Aon, the place he had most just lately held the place of World Geographic Chief of Reinsurance Options. He had additionally beforehand been President of Aon Reinsurance Options for the U.S. and was a member of Aon’s Reinsurance Options international govt committee. Ronda had beforehand labored at Man Carpenter as a Senior Vice President.
Rod Fox, Government Chairman, Howden Tiger commented on the information, “When Tim joined us nearly two years in the past I stated that we had ‘arms down, the perfect management group in our trade’. I’m proud to say that as we speak our bench power is even higher. We’re fielding a group that haven’t solely power, full spectrum geographical attain and depth of experience throughout fac, treaty, MGAs, capital markets and advisory, but additionally a way of collaboration and infectious power that can energy us ahead for our purchasers. Tim will lead us as we make investments to create a distinct breed of world participant.”
David Howden, CEO, Howden Group added, “After we signed the settlement to deliver Howden Re and Tiger Danger collectively we knew that we had been creating one thing particular. The market may really feel the power too, and so may the expertise who proceed to hitch us as we ship on a transparent ambition to be the contemporary and dynamic various on a world scale. At the moment, the management group is in place to drive Howden Tiger ahead at tempo for its purchasers.”