TigerRisk taps Aon/Swiss Re leader to expand in ILS, cat bond market

Reinsurance broker  TigerRisk Partners has recruited a former  Aon and  Swiss Re leader to build out its capabilities in the insurance-linked securities (ILS) and catastrophe bond market.

Mitchell Rosenberg (pictured) joins the business as partner and managing director of its investment banking division, TigerRisk Capital Markets & Advisory (TCMA).

Based in New York, Rosenberg will report to Philipp Kusche, global head of ILS & Capital Solutions.

Rosenberg joins TigerRisk from Aon, where he held the role of managing director at Aon Securities and was responsible for several of the industry’s leading ILS platforms across the reinsurance, insurance, commercial and public sectors. Prior to that, he was an assistant vice president at Swiss Re, advising global insurance companies on structured reinsurance solutions to support M&A, capital management and other strategic transactions.

Founded in 2015, TCMA offers expertise in M&A, capital raising, general strategic advice and ILS and has been recently particular active in the catastrophe bond space with bringing a number of new sponsors to the marketplace.

“We are delighted to welcome someone of Mitchell’s caliber to the team at a time when TCMA is growing its offering and expertise,” said Kusche. “Mitchell will help drive Tiger’s commitment to delivering innovative solutions to our clients, and especially continuing the build out of TCMA’s ILS platform focused on catastrophe bonds and other ILS and capital market products.”

Jarad Madea, TCMA’s Chief Executive Officer, added: “Philipp and the team have done a tremendous job in successfully building out TigerRisk’s ILS and catastrophe bond franchise to deliver world-class solutions to our clients. The addition of Mitchell, combined with the incremental capabilities TigerRisk will possess post the closing of our combination with the Howden Group, will further position TigerRisk to be the leader in the ILS market.”

Rosenberg commented: “The (re)insurance industry is at a crossroads, paving the way for substantial future growth from the ILS market. TigerRisk’s relentless focus on delivering client value, providing capital-agnostic solutions and innovating across product lines positions them to drive this growth—and I’m excited to help lead this effort.”

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