LONDON, June 27 – TigerRisk Partners LLC, a leading risk, capital and strategic advisor to the global insurance and reinsurance industries, today announced that Neill Cotton and Mark Sleet have been named partners and will lead the company’s binding authority and program businesses.
The announcement was made by Hugo Crawley, Chairman and CEO, (UK). “TigerRisk is very proud to welcome these two highly experienced and respected professionals.
“Neill is an exemplary professional in the P&C program discipline,” said Mr. Crawley. “He has led his own Lloyd’s business and has also run divisions in larger Lloyd’s brokers. We’re delighted he is joining TigerRisk to be a catalyst for our growth plans in this space.
“Mark Sleet,” continued Mr. Crawley, “is a well-respected market practitioner and proven producer in the specialty lines classes and I’m delighted he’s joining us to enhance our product offering and build our binding authority and program business.”
Rod Fox, Chief Executive Officer of TigerRisk, added: “We are excited about the opportunity ahead of us. Neill and Mark will play a key role in helping us take a strategic approach to developing this business, which is consistent with how we have successfully built our other Tiger businesses over the past 10 years.”
Neill Cotton was most recently a partner at JLT Re where he headed the binding authority and program businesses. He began his insurance industry career in 1980 at C.T. Bowring where he became manager of the reinsurance claims division. He held a similar position at The Merrett Underwriting Agency working for the K.R. Barrett Syndicate, 1066. In 1993 he followed this team which became part of Zurich Re. In 1996 he was offered the position of head of P&C underwriting at CNA Re. He
was subsequently recruited by MMC to form the binding authority and treaty team at Newmarket Underwriting Agency. Mr. Cotton joined NCG Insurance brokers in 2001 and took ownership in the company, transforming it into Oxford Insurance Brokers in 2003. After 11 years as CEO of the holding company as well as the Lloyd’s broker, he went to CFC Underwriting where he held the position of commercial director until joining JLT.
“I have a huge regard for the team that TigerRisk has been able to assemble,” said Mr. Cotton. “They’re innovative, entrepreneurial and have an outstanding analytics capability. Their platform in London is ideal for developing binding authority and program businesses.”
Mark Sleet was most recently a partner at JLT Re. He started his career at J.H. Minet. From there he joined Carvill where he rose to become divisional director. In 1993, Mr. Sleet joined AON Re where he became an executive director. He then joined Benfield where he was one of the European and North American team leaders. He moved to Miller Insurance Brokers to specialize in treaty and binding authorities.
“TigerRisk have built a great organization,” said Mr. Sleet. “They’re successful at everything they do. With a reputation for innovation and the absence of legacy issues, TigerRisk is in a great position to become a major player in the binding authority and program space.”
Both Mr. Cotton and Mr. Sleet will be headquartered in TigerRisk’s London office.
TigerRisk Partners LLC is a leading risk, capital and strategic advisor to the insurance and reinsurance industries founded in 2008. TigerRisk Capital Markets & Advisory (TCMA), a broker dealer registered with the U.S. Securities and Exchange Commission, a member of FINRA and a member of SIPC, is a wholly owned subsidiary providing clients strategic advice on mergers, acquisitions, and capital markets products and transactions. Headquartered in Stamford, CT, TigerRisk has offices in Stamford, New York, Bermuda, London, Hong Kong, Minneapolis, Chicago and Raleigh. For more information visit TigerRisk.com.