HG Receives Trading Risk Award
Horseshoe Group Receives Trading Risk’s ‘Market Facilitator of the Year’ Award
BERMUDA, June 24, 2013
Horseshoe Group, the leading provider of insurance management, transforming and advisory services for Insurance-Linked Securities, was recognized as the 2013 ‘Market Facilitator of the Year’ by Trading Risk magazine. The Market Facilitator of the Year Award acknowledges excellence and achievement in the insurance-linked capital markets sector and is given to the company that has done the most to further the development of the Insurance-Linked Securities (ILS) market.
An independent panel of industry leaders selected Horseshoe Group for the award after reviewing nominations from other leading ILS market facilitators around the world. The award was presented at the Trading Risk Awards ceremony at The Underglobe in London on June 20, 2013, to recognize and reward the pioneering spirit that is essential to the sector's development.
Horseshoe Group was selected on the basis that it has cemented its position as a key convergence specialist insurance manager, transformer and adviser. In addition, the judging panel recognized the fact that Horseshoe Group undertook the formation and management of a number of investor-sponsored Special Purpose Insurers (SPIs), the significance of its transformer, Horseshoe Re Limited, to key market investors globally as well as its joint-venture ILS Fund Services (with Bermuda-based ISIS Fund Services) to provide specialized fund administration to ILS Funds.
“Receiving this award is a great honor, especially considering the caliber of the other finalists in this category” said Andre Perez, CEO and Founder of Horseshoe Group. “We are delighted to be recognized for the second time as the leading facilitator in the insurance convergence market by acting as an enabler in this sector. Horseshoe Group has become the insurance manager and transformer of choice for investors active in the ILS sector.”
This is the second Trading Risk award in this category for the Horseshoe Group. It was the recipient of this award in 2010 as well as a finalist in 2012.
About Horseshoe Group
Horseshoe Group is the foremost independent insurance manager dedicated to the Reinsurance and ILS market and offers a broad array of management, transforming and advisory services to insurers and reinsurers, reinsurance transformers, catastrophe bonds, sidecars, dedicated reinsurance funds, hedge funds and private equity firms, Lloyd’s affiliates and investment banks. Horseshoe has offices in Bermuda, the Cayman Islands and Ireland.
Andre Perez, CEO
(441) 295-8478 ext. 231
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