Leadership shuffle at TigerRisk as ex-Third Point Re boss takes helm as CEO
Reinsurance broking and risk/capital management firm TigerRisk has named a new chief executive officer (CEO) and president, while current CEO Rod Fox takes on the role of executive chairman with immediate effect.
Rob Bredahl (pictured), formerly chief executive officer of Third Point Re, will take up the CEO position at TigerRisk. He joined TigerRisk in 2019 as president, chief operating officer (COO) and member of its board, with the strategic aim of succeeding Fox as CEO.
Bredahl will be replaced as president by Tim Ronda, who is joining the company mid-October from Aon where he most recently served as global geographic leader of Reinsurance Solutions.
Bredahl and Fox have known each other for more than 40 years, having worked together at E.W. Blanch, Benfield and then TigerRisk.
“I am delighted to take up this role and continue the momentum and growth TigerRisk has seen over the last year and move the company into a new and exciting phase,” said Bredahl. “The organisational changes we have announced this week signal the next step in our company’s evolution. This CEO transition has been planned for a long time and has been implemented just as the business is gaining incredible traction in the market.”
Bredahl, who will continue to be based in New York, added that when Ronda agreed to join the team from Aon, it was the right time to put in place the previously agreed succession plans in order for the well-known former Aon broker to take up the role of president.
“Rod will still stay in the business and be very hands-on, but the change will allow him to focus more on what he is great at - advising clients and prospects and doing deals,” he said.
Fox commented: “This is an exciting time for the company. I am proud of what we have achieved, but it is now time for a new breed of leaders. I will still be working full-time in the business making sure clients are getting what they need and allowing the company to move forward. When Jim Stanard and I founded the company in 2008, naysayers gave the company little chance to thrive, and we are thirteen years on with a phenomenal market-leading team and a bright future ahead of us.”
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