Tyler King Takes Leadership Role at Preferred Reinsurance
Seasoned reinsurance leader joins boutique intermediary to drive growth in the program business market.
Preferred Reinsurance Intermediaries, a notable reinsurance intermediary and part of Balavant Insurance Group, has announced the hiring of Tyler King as the new Executive Vice President. This strategic move is aimed at enhancing the company's presence in the program business sector.
Bringing nearly 15 years of rich experience in treaty reinsurance broking, Tyler King previously served as Senior Vice President and Treaty Broker at Gallagher Re. He possesses a solid background in client services, operations, and broking, which equips him with a holistic perspective on fostering value within reinsurance intermediation.
Expertise in Treaty Programs
King's extensive expertise lies in originating, placing, and servicing treaty programs specifically in the Managing General Agent (MGA) and program business sectors. His commitment to client-focused solutions has earned him accolades within the industry, showcasing his capability to deliver strategic outcomes.
Advancing Company Capabilities
At Preferred Re, he will collaborate closely with Founder and President Bob Sanders and the leadership team to bolster the firm's operational strengths and expand its market relationships. This partnership is crucial in pursuing the company’s growth strategy while reinforcing its standing in the program business market.
Bob Sanders emphasized King’s valuable experience, stating, "Tyler's track record in the MGA and program sectors, along with his strategic and collaborative mindset, make him an exceptional addition to our team. We are excited to welcome him as we seek to enhance our capabilities and provide clients with tailored, impactful reinsurance solutions."
Innovating in the Industry
Rekha Skantharaja, the CEO of Balavant, added to the excitement surrounding King’s onboarding. She remarked, "At Preferred Re, we understand that matching the right capacity with the right MGA is where real innovation begins. Adding exceptional talent like Tyler strengthens our capacity to empower clients in creating innovative, market-leading programs that advance our industry."
Commitment to Leadership
King's appointment not only reflects Preferred Re's dedication to enhancing its leadership team but also signifies a commitment to nurturing the expertise and relationships essential for driving growth in the expanding sector of program business.
About Preferred Re
Preferred Re is a specialized reinsurance intermediary with significant expertise in specialty and program insurance, serving a broad spectrum of regional and national clients across various property and casualty lines. The firm collaborates with leading global reinsurance markets to provide both traditional and alternative capital solutions that refine client program structures and improve capacity.
About Balavant Insurance Group
Balavant Insurance Group represents a distinguished MGA platform that leverages leading-edge technology, centralized services, and visionary leadership to stimulate scalable growth across its subsidiaries.
Frequently Asked Questions
What role does Tyler King hold at Preferred Re?
Tyler King has been appointed as the Executive Vice President at Preferred Re, focusing on driving growth in the program business market.
What is the experience Tyler King brings to Preferred Re?
Tyler King brings nearly 15 years of experience in treaty reinsurance broking, most recently as Senior Vice President at Gallagher Re.
What company does Preferred Re belong to?
Preferred Re is a subsidiary of Balavant Insurance Group.
What is the primary focus of Preferred Re?
Preferred Re specializes in reinsurance services, particularly in the specialty and program insurance markets for regional and national clients.
Who are the key leaders at Preferred Re?
Tyler King will work with Bob Sanders, Founder and President, and Rekha Skantharaja, the CEO of Balavant Insurance Group, among others in the leadership team.
