Reinsurance broker and capital agnostic strategic risk advisory TigerRisk Partners LLC has added a new Senior Advisor to its ranks, with the hire of Steven J. Bensinger, previously the CFO of AIG.
Bensinger is a veteran of the insurance and reinsurance industry, with a number of very senior positions behind him. At TigerRisk he will focus on client advisory and strategic transaction development.
“At a time when the industry is undergoing tremendous change, Steve’s strategic thinking and wisdom will be an invaluable asset to us and to our clients,” commented Rod Fox, CEO of TigerRisk. “With almost four decades of experience, ranging from financial analysis to mergers and acquisitions to crisis management, Steve has proven himself as a thoughtful leader in times of prosperity and adversity.”
Bensinger started in insurance and reinsurance with Coopers & Lybrand where he quickly became partner. He then served as CFO and ultimately as President at Skandia America Group. Following that he held senior leadership positions at Chartwell Re, Trenwick Group and Combined Specialty Group, after which he moved to AIG, first as VP and Treasurer and later as EVP and CFO. Bensinger was then EVP and CFO of The Hanover Insurance Group and his most recent position was as Senior Managing Director at FTI Consulting Inc.
“This is by far the most interesting and dynamic period in the history of the insurance industry,” Bensinger said. “Insurers are looking for whatever edge they can get. TigerRisk, because of its high-level strategic advisory capability, is well-placed to meet those needs. I’m excited to be part of it.”
Senior level client development demands executives with a strong track record across major firms. With TigerRisk’s focus on being a capital agnostic, traditional or alternative, provider of reinsurance and risk advisory as well as its recent launch of TigerRisk Capital Markets & Advisory to target ILS and M&A, TigerRisk will benefit from the relationships that Bensinger brings to the firm.