TigerRisk Partners LLC, the global risk, capital and reinsurance brokerage and advisory, has announced a new senior hire, taking Tim Ronda from Aon’s Reinsurance Solutions division.
Ronda had been President of Aon Reinsurance Solutions in the US, but was lately given the new role of Global Geographic Leader, to oversee Aon Reinsurance Solutions’ regional capabilities worldwide.
However, despite the new position the senior executive has decided to leave for a competitor, landing at TigerRisk.
TigerRisk said the appointment of Tim Ronda as a senior executive is impending, suggesting a period of gardening leave will apply.
“This move means that TigerRisk will have, hands down, the best leadership team in our industry,” TigerRisk Chief Executive Officer Rod Fox said. “We are delighted with Tim’s decision to join TigerRisk. He is one of the most experienced and capable reinsurance executives in the industry today. He brings with him two qualities especially important to us at TigerRisk: first, his broad-based relationships and experience; and second, his instinctual understanding of insurance and reinsurance markets.”
Rob Bredahl, TigerRisk President, added, “This is a real coup for TigerRisk – I have known Tim for 16 years as a former colleague and competitor and have always admired his approach to broking. We have had remarkable interest in our company from both potential clients and people wanting to join the team. Someone of Tim’s caliber joining will continue to add to our appeal. With Tim’s help, we’ll continue reshaping the industry.”
The firm said that Ronda’s hire “further strengthens TigerRisk’s position as an elite player in the reinsurance marketplace.”
Ronda is known for expertise in areas of reinsurance including property, management liability, E&O, employment practices, general and excess liability and workers’ compensation.
As well as his senior roles at Aon, he was also a member of the firm’s reinsurance solutions global executive committee.