End of an era as Perez steps down from Horseshoe

Andre Perez has stood down as chairman of Artex Risk Solutions’ business Horseshoe. The Bermuda based private investor has been with the business he founded for 17 years and was CEO until June 2021.

Last April, the company announced that Kathleen Faries would succeed him as CEO. At the time, Perez took the new role as chairman, acting as an advisor to the business with a focus on strategic business opportunities as well as mergers and acquisitions.

Announcing his last day on LinkedIn, Perez wrote: “As I reflect on the last 17 years and the incredible company my fantastic team and I built together, I can’t help but be amazed at and proud of all the things we accomplished to become the leading service provider in the ILS market. I want to take this opportunity to once again thank the Horseshoe team and their incredible dedication as well as our clients/business partners for their support, trust and friendship over the years.”

Perez has over 30 years’ experience in global re/insurance. Founding Horseshoe in 2005 and acquiring IKONIC Fund Services in 2016, he grew the business to become the world’s largest insurance linked securities service provider, specializing in insurance management, risk transformation, fund administration, advisory and corporate services.

In 2019, the business was acquired by Artex.

Before founding Horseshoe, Perez was head of office for Alea in Bermuda. He has also held senior roles at  KPMG, Coopers & Lybrand Canada and Zurich Insurance.