Cohen & Company, LLC has named John Butler as the new Managing Director of U.S. Insurance Asset Management Platform and Global ILS Programme, with effect from November 1st, 2017.
Butler joins from Twelve Capital, a Swiss-based insurance specialist and asset manager, where he most recently served as Managing Partner and Head of Investment Management, as well as Chief Executive Officer (CEO) of Twelve Capital’s UK operations and President of its U.S. subsidiary.
“We are thrilled that John will be joining us as we continue to expand our insurance platform,” said Lester Brafman, CEO of the Company; “The combination of his extensive product knowledge, strong industry relationships and deep management experience make John ideally suited to take on this role.
“This strong addition to our team exemplifies our continued commitment to Cohen & Company’s global insurance related investment strategies and we are delighted to welcome John aboard.”
Butler brings over 20 years industry experience to the role, including roles with Twelve Capital in oversight of global investments in insurance firms and investments in insurance-linked securities (ILS), and has specialised in the origination, structuring and portfolio management of private fixed income, catastrophe bond and reinsurance related transactions.
Daniel Cohen, Vice-Chairman of the Board of Cohen & Company and President and CEO of the Company’s European Business, said John’s appointment “complements our existing presence in insurance related investments. We have been investing in insurance company debt since 2003, and we look forward to strengthening this capacity with John’s leadership and expertise.”
Butler previously held senior positions at Hannover Re Bermuda and White Mountains Reinsurance Group, where he worked in senior underwriting roles managing portfolios covering a diverse range of business lines.
He began his career at the Imperial Fire & Marine Reinsurance Company in London as assistant to the marine and energy treaty underwriter.