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Ex-Willis catastrophe bond chief joins rival

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Reinsurance brokerage TigerRisk Partners L.L.C. named Tony Ursano as its president Friday.

Mr. Ursano, most recently was CEO of Willis Capital Markets and Advisory. Willis yesterday named co-CEOs to replace him.

“With his many years of insurance industry and investment banking experience, key industry relationships and outstanding reputation, we know Tony can deliver on these goals,” Rod Fox, CEO of TigerRisk, said in the statement.

“Our focus is to provide creative risk management solutions and advice to our clients. Reinsurance, capital, risk control and innovative ideas are the tools we use to accomplish this. Tony brings us world-class capability in capital markets solutions as well as the vision to fully integrate these tools for our client's benefit,” Jim Stanard, chairman of TigerRisk, said in the statement.