Howden Tiger names Forman & Stamatis Co-Heads NA, Capital Markets & Advisory

Howden Tiger, the reinsurance broker and risk capital advisory, has promoted two capital markets focused executives, Michael Forman and John Stamatis, who have been named Co-Heads of North America for Howden Tiger Capital Markets & Advisory (HTCMA).

Howden Tiger Capital Markets & Advisory (HTCMA) is the capital markets, investment banking and insurance-linked securities (ILS) arm of the reinsurance brokerage.

The two executives will report to Jarad Madea, CEO of HTCMA, and lead the North America strategy for HTCMA.

They will have a focus on bringing a full suite of M&A and capital raising solutions to new and existing clients of the company.

Jarad Madea, CEO, HTCMA, commented on the news, “Michael and John’s well-deserved promotions reinforce their commitment to providing exceptional advice and best-in-class execution to our clients. They have made critical contributions to the growth of our investment banking practice into one of the premier insurance-focused banking teams in the industry.”

Forman and Stamatis jointly said of their new roles, “We are thrilled to have this opportunity and to be part of such an outstanding company. We look forward to continuing to build the highest-quality and most differentiated advisory practice for the global insurance and reinsurance industry.”

Forman joined HTCMA in 2017 and has helped to drive the growth of the firm’s M&A and capital raising practices.

Before he joined HTCMA, Forman held a number of roles at AIG and Willis Capital Markets & Advisory.

Stamatis has worked for HTCMA since its formation in 2015 and played an instrumental role in the development of its full suite of products and services, advising across a wide range of M&A, capital raising, and insurance-linked security (ILS) transactions for the firm’s clients.