TigerRisk in expansion mode, taps former Aon/Willis and Ed Broking leaders

TigerRisk has expanded its delegated authority business, and entered the Australian reinsurance and programme market, with the hiring of former Willis/Aon and Ed Broking leaders in Australia and London.

The reinsurance broker has hired Simon Chandler (pictured) as head of reinsurance broking, programmes and binders. Based in Sydney, Australia, he will be responsible for driving the development of TigerRisk’s delegated business in the Australia, New Zealand, and Pacific Islands region.

Richard Laird will join TigerRisk in London as partner and will be responsible for finding solutions for innovative placements and structures in the US, Canada, the UK and Europe.

Chandler has 40 years’ experience in the reinsurance industry, with 10 years in London and 30 years in Australia. He joins from brokers Online Re, where he was reinsurance broking manager. Prior to that, he was the senior manager for Sompo Japan Australia for five years. Chandler previously worked at Aon Re and Willis Re as senior vice president and executive director, respectively. He was a board director of Sedgwick Re Asia Pacific for almost 14 years (10 years in London and 4 years in Sydney), and also held senior roles at Breeze Re, Heath Re, and REcentis.

Laird joins TigerRisk from Ed Broking, where he was divisional director of alternative risk. Previously, Laird worked at Price Forbes Risk Solutions as director of speciality division, and then executive director. Before that, he was director of speciality division at Patriarch Risk, and managing director at Evolve Brokers.

Both Chandler and Laird will report to Neill Cotton, partner at TigerRisk Partners UK.

“Simon and Richard have a proven track record in first-class broking in the delegated authority sector and I am delighted to welcome two professionals of such calibre to the team,” said Cotton.

“Simon is recognised for the production and broking of strategic and hard-to-place placements. He specialises in treaty and facultative reinsurances and sourcing paper for MGAs, as well as other insurance and reinsurance-backed financial instruments. Richard’s skills lie in placing innovative specialty insurance binders, as well as being a strong advocate of utilising analytics and technology in his broking. Being innovative and advanced in technology is part of Tiger's culture.”

James Few, chief executive officer of TigerRisk International, added: “ TigerRisk entered the delegated authority business market in 2019 and has been focused on creating niche portfolios and working with high-value-add MGAs. We are absolutely delighted with Tiger’s growth in this area – our delegated authority offering is a fantastic part of our business model and fits very neatly into our analytical reinsurance culture.”

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.