TigerRisk Partners

TigerRisk Partners was established in 2008 by industry veterans Rod Fox and Jim Stanard, who identified a need for a specialized, private reinsurance broker. The firm operates as a reinsurance broker and a risk and capital management advisor, providing intermediary and advisory services to insurers managing complex risks. It primarily serves large global clients, domestic and regional insurers, and Managing General Agents (MGAs). The business generates revenue through brokerage fees on reinsurance placements and fees for its strategic advisory services.

Rod Fox, now the Executive Chairman of the merged Howden Tiger, has a career spanning over 25 years in the insurance industry. Before TigerRisk, he was the CEO of Praetorian Financial Group, leading its successful sale to QBE, and also served as CEO of Benfield Group's U.S. reinsurance platform. His career began at E.W. Blanch Co. in 1985. Co-founder Jim Stanard founded RenaissanceRe in 1993, growing its market value substantially before his departure in 2005. His extensive career also includes co-founding F&G Re in 1983 and holding positions at Prudential, Chubb, and INA. Fox and Stanard initially collaborated through their investment firm, F&S Ventures, before launching TigerRisk.

The company's core services include sophisticated decision-making analytics and structuring solutions for clients across property & casualty, financial, and workers' compensation lines. A key division is TigerRisk Capital Markets & Advisory (TCMA), a registered broker-dealer providing strategic advice on mergers, acquisitions, and capital markets transactions. In 2020, TigerRisk received a strategic investment from private equity firm Flexpoint Ford, which helped accelerate talent recruitment and led to 25% annual revenue growth.

A significant milestone occurred in January 2023 when Howden Group Holdings completed its acquisition of TigerRisk Partners for a reported $1.6 billion, rebranding the combined reinsurance operation as Howden Tiger. This transaction created the world's fourth-largest global reinsurance broker. The merger was positioned as a strategic move to provide more choice in a market dominated by three major players. The combination of Howden's international distribution network with TigerRisk's U.S. focus and capital markets expertise was a primary driver for the deal. The new entity, Howden Tiger, offers expanded capabilities in specialty treaty, facultative reinsurance, capital markets advisory, and analytics, and formed the largest MGA/program broking group globally, named Howden Tiger SabRE.

Keywords: reinsurance broker, risk management, capital advisory, Howden Tiger, Rod Fox, Jim Stanard, capital markets, insurance advisory, MGA services, facultative reinsurance, specialty treaty, reinsurance analytics, insurance mergers and acquisitions, property catastrophe reinsurance, financial solutions, workers compensation reinsurance, Flexpoint Ford, Howden Group, insurance intermediary, strategic advisor