TigerRisk turns to private equity deal to navigate difficult market environment

Reinsurance broking and risk/capital management firm TigerRisk Partners has secured a strategic growth investment from private equity firm Flexpoint Ford to help navigate the current unprecedented market environment.

TigerRisk said its management team, including CEO and co-founder Rod Fox, and president Rob Bredahl, will remain in their current roles. Current employees will remain significant shareholders in the company.

“Our partnership with Flexpoint Ford will provide us with the added resources to help our clients navigate this difficult period, capitalize on a dynamic competitive landscape and continue our strong growth trajectory,” said Fox. “As an independent firm with significant employee ownership, TigerRisk will remain committed to providing the same level of high-quality client service, innovation and execution which has served as the foundation of our success over the past 12 years.”

Bredahl added: “This milestone demonstrates the value of the TigerRisk platform and is a testament to our employees’ hard work, dedication and commitment to building a business focused on providing excellent advice and service to our customers. Flexpoint’s deep experience in the insurance sector and shared vision for TigerRisk’s growth will position us to extend our reach through further talent acquisition and the expansion of new products and geographies.”

Chris Ackerman, managing director of Flexpoint Ford, said: “We have known the TigerRisk team for many years and are thrilled to partner with such a talented group of executives and employees as they continue to build on the market-leading platform the team has established.”

Dominic Hood, principal of Flexpoint Ford, added: “TigerRisk has a well-established reputation for providing best-in-class innovative solutions across the capital spectrum and we are excited to have the company at the epicenter of our insurance portfolio as we partner with TigerRisk on their next phase of growth.”