Howden Group, an international insurance broking group, has acquired TigerRisk Partners, a risk, capital, and strategic advisor to global insurance and reinsurance industries, from Flexpoint Ford, a private equity firm focused on financial services and healthcare.
The deal will expand the scale and depth of Howden’s reinsurance and capital markets portfolio while building on Howden’s integrated global approach.
“This is an exciting development for TigerRisk as we look forward to partnering with Howden to further strengthen our position as a trusted strategic advisor to the global insurance and reinsurance markets,” said Rod Fox, TigerRisk’s co-founder and executive chairman. “Our partnership with Howden reflects our continued commitment to building a global platform focused on recruiting top-tier talent and deploying world-class technology and analytics to deliver innovative solutions to our clients. We have enjoyed the outstanding partnership with Flexpoint Ford and have benefited greatly from their strategic advice during a period of tremendous growth for TigerRisk.”