hamilton
Jonathan Reiss (L) and Tony Ursano, Hamilton Insurance Group
22 August 2019Insurance

Hamilton hires TigerRisk's Ursano as new group CFO, gives third-party capital oversight to Reiss as it seals Liberty deal

Bermuda-based Hamilton Insurance Group has unveiled strategic changes at the management level, including the appointment of a new group CFO, following the completion of its  "transformative" Liberty Mutual acquisitions deal.

The re/insurer has hired TigerRisk's Tony Ursano as its new group chief financial officer, effective from September 5.

He replaces founding member Jonathan Reiss, who will now assume the position of president, strategic partnerships, a new business unit at Hamilton.

Reiss will assume responsibility for developing the strategy and business plan for Hamilton’s strategic partnerships, including oversight of the company’s third-party capital platform, Hamilton Capital Partners. He will also develop proposals for any potential new investment opportunities as well as manage the further development of the company’s third-party business.

Ursano joins Hamilton from TigerRisk Partners where he held the position of president since 2015. Prior to that, he was CEO of Willis Capital Markets & Advisory and head of corporate development for the Willis Group for six years. He has 32 years of insurance industry and investment banking experience.

“And I’m delighted to welcome Tony Ursano to the Hamilton team. Tony knows Hamilton well, having counseled us on a number of initiatives in his role at TigerRisk Partners. As Group CFO, Tony will also be involved in helping to drive the Company’s business development and strategic initiatives,” said Pina Albo, CEO of Hamilton.

She added: “As President, Strategic Partnerships, Jonathan joins Global Head, Specialty Insurance Peter Barrett and Hamilton Re CEO Kathleen Reardon in assuming responsibility for the development of three areas of strategic focus where we see real opportunity for organic and non-organic growth."

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22 August 2019   Bermuda-based Hamilton Insurance Group has completed its acquisition of Pembroke Managing Agency and its platform at Lloyd’s, as well as Dublin-based carrier Ironshore Europe DAC (IEDAC), from Liberty Mutual Group.
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