Rod Fox’s boutique reinsurance brokerage TigerRisk has grown into a force to be reckoned with by offering VIP service to an exclusive ‘club’ of handpicked clients in the US. The tiger now has European and Asian insurers in its sights.
Rod Fox, founder of effervescent boutique reinsurance broker TigerRisk, is in the enviable position or having categorically proved his doubters wrong.
“I was told early on by the CEO of a major reinsurance brokerage firm we could never start one of our own from scratch – that it was absolutely impossible. Well, we did it,” Fox tells Insurance Day. “He warned me: ‘We’ll crush you with our analytics.” But we built our own, better analytics – and here we are.”
In six short years TigerRisk has grown from a bright idea into the largest independent broker in North America and one of the top 10 brokers globally. With offices in the US, Bermuda and London, and a foray into Asia slated for the first half of 2015, Fox believes the company will quadruple in size in the not-too-distant future.