Securis hires Armand Foy from Pillar to spice up North American distribution – Artemis.bm

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Securis hires Armand Foy from Pillar to spice up North American distribution – Artemis.bm

Securis Funding Companions, the London-headquartered specialist insurance-linked securities (ILS) funding supervisor, has introduced the hiring of Armand Foy to the function of Investor Relations (North America).

The ILS supervisor defined that Foy’s appointment will increase Securis Funding Companions’ North American distribution functionality.

Foy was most not too long ago a Senior Vice President in Investor Relations for specialist Bermuda-based ILS supervisor Pillar Capital Administration.

Previous to that, Foy spent 11 years working at Resolute World Companions, the agency previously named ILS Capital Administration, the place he additionally labored within the investor relations operate.

Throughout his profession, Foy has additionally labored in insurance coverage and reinsurance with a concentrate on joint-ventures, securitized and structured merchandise inside RenaissanceRe’s Ventures division, at XL Capital, Catlin, and Zurich, in addition to holding different roles at Butterfield Asset Administration and consultancy EY.

Securis famous that Foy brings the agency deep experience within the insurance-linked securities (ILS) asset class, with greater than 15 years’ expertise in enterprise improvement and investor relations, with a concentrate on institutional traders and funding consultants throughout North America.

Herbie Lloyd, CIO, commented on the information, “Armand’s appointment is very well timed. It marks a big subsequent step in enhancing our presence within the North American market and constructing new, long-term partnerships with North American traders.

“Armand’s deep data of the ILS market and observe document of service for North American traders will drive our native choices and supply traders distinctive alternatives to diversify their portfolios.”

Foy added, “Securis is a high quality organisation with excellent expertise. I’m excited to hitch the group.”

Recall that specialist ILS managers Securis Investment Partners and Twelve Capital announced their intention to merge last year.

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