Reinsurance broking and risk/capital management firm TigerRisk Partners is looking to expand into new products and geographies with the latest infusion of cash from private equity firm Flexpoint Ford.
TigerRisk has finalised the previously announced investment from Flexpoint. The company said the investment will help navigate the current unprecedented market environment.
Following the transaction, TigerRisk’s management team, including CEO and co-founder Rod Fox, and president Rob Bredahl, will remain in their current leadership roles.
“This marks an exciting next chapter for TigerRisk. Our continued success is a testament of our employees’ dedication and commitment to building a best-in-class platform,” said Fox.
“Our focus remains on delivering the highest quality of service, innovation and execution for our clients. Our partnership with Flexpoint Ford will enable us to add new Tigers and expand into new products and geographies,” he added.