Acrisure Re nabs Catalina/Stonybrook talent for lead global roles
Acrisure Re, the reinsurance arm of broker Acrisure, has expanded its corporate advisory and investment banking capabilities with two senior hires joining the firm from Catalina and Stonybrook Capital.
Steve Ryland (picured bottom) has been appointed as global head of legacy, and Thomas Deane (pictured up) as head of investment banking to its corporate advisory and solutions division (ARCAS).
Ryland will be based in London and report to global managing director of ARCAS, Ben Canagaretna, and Deane will be based in New York and report to managing director and head of ARCAS North America, Alex Orloff.
Both appointments will be working alongside the rest of the ARCAS team to expand the range of services the division has to offer, with Ryland focusing on the legacy re/insurance market and Deane focusing on investment banking.
Ryland has a wealth of experience in managing legacy re/insurance portfolios, holding many distinguished senior positions at various companies. He joins from Catalina Holdings where he was most recently group head of global distribution, having joined in 2020 as CEO of UK operations and later becoming group chief commercial officer.
Deane brings over 17 years of re/insurance industry experience mainly in the capital markets and advisory sectors. He joins Acrisure Re from Stonybrook Capital where he was a partner for five years focused on investment banking opportunities in the lower-middle-market insurance sector. Prior to this, he spent seven years at JLT on both the capital markets and advisory teams working on projects such as capital raises and M&A transactions. He also worked at Benfield Advisory (which was later acquired by Aon) as an associate for four years.
Canagaretna said: “The ARCAS division has great momentum since its launch in 2021. At the heart of our value proposition is having senior executives from the carrier side giving better and more informed advice to our client base. Steve is another fantastic example of the caliber of talent we have within the team.”
Orloff added: "We are thrilled to have Tom join ARCAS, bringing his M&A and capital raising experience, as we continue to deepen and expand the range of solutions for our clients. We look forward to greatly strengthening our capabilities in the investment banking area under Tom's leadership. At ARCAS, we are committed to hiring the very best in their respective areas and empowering them to be impactful with the Acrisure client base."
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