Global broker Howden’s reinsurance arm, Howden Tiger, has announced that its current President, Tim Ronda, will take over as the firm’s Chief Executive Officer (CEO), reporting to David Howden, CEO of Howden.
Effective January 1st, 2024, Ronda will assume the role from current CEO Rob Bredahl, who will become Executive Chair of Howden Tiger Capital Markets, where he will have more time to dedicate to both clients and the broker’s capital markets business.
Ronda will work closely with Bredahl and Elliot Richardson, who will both be co-Vice Chair, and also Rod Fox, who remains Executive Chairman of Howden Tiger.
Ronda joined TigerRisk Partners in October 2021 from global re/insurance broker Aon, where he latterly served as Global Geographic Leader of Reinsurance Solutions. Previously, he served as President of Reinsurance Solutions for the U.S. and was a member of Aon’s Reinsurance Solutions global executive committee.
Earlier in his career, Ronda was Senior Vice President at Guy Carpenter, the reinsurance broking arm of Marsh McLennan.
“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,” said Fox. “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.”
Howden 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.”