Howden Tiger names Tim Ronda CEO. Bredahl takes capital market responsibility
Howden Tiger, the reinsurance broking and risk capital management arm of Howden, has reshuffled its top leadership, naming Tim Ronda as its new CEO from January 1 2024.
Ronda is currently President of Howden Tiger, but in a leadership reshuffle he will take on the Chief Executive Officer role, as current CEO Rob Bredahl is set to now become a co-vice chair of the company.
In the new position as CEO of Howden Tiger, Ronda will report directly to David Howden, CEO, Howden.
He will work closely with Rob Bredahl and Elliot Richardson, both set to become co-vice chairs, as well as with Rod Fox who remains Executive Chairman of the reinsurance broker.
Bredahl is set to retain a pivotal position in the Howden Tiger business and, of particular relevance to the insurance-linked securities (ILS) market, Bredahl will also take on the title of Executive Chair of Howden Tiger Capital Markets.
The company believes that in his new role, Bredahl will be able to dedicate more time to clients and to the capital markets business, which is a key growth area for Howden Tiger.
Ronda had joined TigerRisk Partners in October 2021 from Aon, where he had most recently held the position of Global Geographic Leader of Reinsurance Solutions. He had also previously been President of Aon Reinsurance Solutions for the U.S. and was a member of Aon’s Reinsurance Solutions global executive committee. Ronda had previously worked at Guy Carpenter as a Senior Vice President.
Rod Fox, Executive Chairman, Howden Tiger commented on the news, “When Tim joined us almost two years ago I said that we had ‘hands down, the best leadership team in our industry’. I’m proud to say that today our bench strength is even better. We are fielding a team that have not only strength, full spectrum geographical reach and depth of expertise across fac, treaty, MGAs, capital markets and advisory, but also a sense of collaboration and infectious energy that will power us forward for our clients. Tim will lead us as we invest to create a different breed of global player.”
David Howden, CEO, Howden Group added, “When we signed the agreement to bring Howden Re and Tiger Risk together we knew that we were creating something special. The market could feel the energy too, and so could the talent who continue to join us as we deliver on a clear ambition to be the fresh and dynamic alternative on a global scale. Today, the leadership team is in place to drive Howden Tiger forward at pace for its clients.”