Montauk Point hires Whiley to strengthen ILS Advisory & Special Situations

Montauk Point Ltd., a Bermuda-based firm that provides independent advisory and strategic advice to third-party risk capital providers, has announced that senior ILS specialist John Whiley has joined the firm, where he will focus on strengthening its ILS Advisory and Special Situations capabilities.

Recall that Montauk Point was launched in early 2025 by established reinsurance industry executive Adam Szakmary.

Earlier this year, Montauk appointed 35-year insurance and reinsurance veteran Dr. Gero Michel to lead the company’s risk and analytics platform.

The company continues to build-out its team, and has now announced the appointment of Bermuda ILS specialist John Whiley, who will primarily focus on ILS advisory, operational and governance support, and special situations involving portfolio transitions, restructurings, wind-downs and capital return strategies.

Overall, Whiley brings over 25 years of extensive experience within investment management and administration, covering financial and regulatory reporting, governance, due diligence, and operational advisory.

Most recently, Whiley held senior compliance roles at reinsurance linked asset manager Markel CATCo and Lodgepine Capital. He joined Markel CATCo in 2016 as Chief Compliance Officer, and stayed with the firm through the winding-down of the CATCo and Lodgepine funds.

Prior to that, Whiley developed ILS administration solutions at Prime Management Limited, now part of SS&C Fund Services, which supported a significant proportion of Bermuda’s collateralized ILS fund market.

Whiley’s appointment will help strengthen Montauk’s capabilities towards supporting insurance risk capital providers, investment managers and reinsurance entities.

Adam Szakmary, President of Montauk, commented: “John brings extensive experience across Bermuda’s ILS market, particularly in fund operations, governance and complex wind-down situations. His expertise complements our underwriting and risk analytics capabilities, strengthening the services we provide to clients.”