9 March 2023Insurance

Howden Tiger targets international treaty build out with major swoop from rival Ed

Howden Tiger, the reinsurance arm of global broker Howden, has hired a senior talent from rival Ed Broking to build out its international treaty capabilities in the Middle East, Africa & India region. The new hire has prior experience of establishing and leading Willis Re’s India treaty business.

The broker has appointed Minesh Jani to lead its treaty reinsurance team in the Middle East, Africa & India region.

Reporting to Bradley Maltese, CEO International and global specialties, Jani will be responsible for growing Howden Tiger’s international platform in the Middle East, Africa & India, with a strong focus on developing Treaty, Retrocessional and Specialty Reinsurance solutions.

Jani joins from Ed Broking, where he was CEO of the Middle East & North Africa business based in Dubai. He has over 25 years of experience in the global reinsurance industry, including senior leadership roles in India and in the Middle East. He has led reinsurance for a leading general insurance company (ICICI Lombard General Insurance), and also has experience of establishing and setting up the Indian branch of an international broker, before spending 11 years at WTW, leading Willis Re’s India treaty business.

Maltese said: “We are eager to grow our International business in the Middle East and North Africa, and so we are delighted that Minesh – a proven leader in this market - has chosen to join Howden Tiger. It’s by attracting industry leading talent that we will rapidly build out our international platform, enabling Howden Tiger to become the leading risk, capital and strategic advisor and reinsurance broker for the modern day client.”

Jani, managing director, Treaty MEA India & Sub Continent, Howden Tiger, commented: “The combination of the opportunity to build up a Treaty reinsurance business in the Middle East, Africa and India, with the energy and specialist expertise at Howden Tiger is what encouraged me to join the business. The breadth of Howden Tiger’s capabilities across its core specialisms is incredibly attractive to clients and I’m looking forward to working with the team to better serve reinsurance buyers.”

The recent completion of the Howden Tiger transaction on January 9, 2023 cements the firm’s position as a tier one reinsurance broker, representing almost $400 million of combined reinsurance revenue, and serving as a strategic advisor for clients through its core specialisms of facultative, MGA, treaty, capital markets and analytics.

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