Reinsurance News

Stonybrook Capital forms Board of Directors

12th July 2017 - Author: Staff Writer

Stonybrook Capital has announced the formation of a formal Board of Directors, including two independent directors, John DiGregoria, and Ian Winchester, and three internal directors, Dwight Evans, Ravi Arps, and Joe Scheerer.

Each member brings unique experience and perspective to the board in the areas of operations, corporate finance, reinsurance, and capital strategy.

Evans, said; “We successfully built Stonybrook Capital over the past few years, based on relentless client service and thoughtful strategies. The formation of a Board sends a message to the industry that we are here to stay.”

“It further demonstrates the growth of the Firm and natural evolution forward, in building an appropriate corporate governance structure, to better serve its targeted client base in the insurance and reinsurance industry,” Winchester added.

External director, DiGregoria is the Chief Operating Officer (COO), Chief Financial Officer (CFO), and Board member of HOLBORN Corporation, a Stonybrook Capital equity owner.

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DiGregoria, commented; “The Stonybrook Capital relationship broadens Holborn’s value proposition for our clients and prospects. We trust Stonybrook Capital to bring insights and solutions to the senior management and boards of our valued clients.”

Winchester, also an equity owner, is a former board member of Endurance Specialty Holdings, Montpelier Reinsurance, and several Lloyd’s syndicates.

Evans is the founder, former Chairman and Chief Executive Officer (CEO) of global reinsurer, Arch Capital Group, and former CEO of White Mountains Re, he is Senior Managing Director and now board member of Stonybrook Capital.

Arps and Scheerer are both founding members of the firm, who serve as the company’s senior investment bankers.

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