JACKSONVILLE, Fla., Oct. 24,
2024 /PRNewswire/ -- The Fortegra Group, Inc.
("Fortegra" or the "Company"), a global specialty insurer and
subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced the
appointment of Richard Mangion as
Chief Financial Officer of Fortegra's UK and European business. In
this role, he will be responsible for leading finance operations
and contributing to the overall strategy across the UK and the
European region alongside the Executive team. He will report to
Fortegra's CFO, Ed Peña.
"Richard's proven track record and extensive expertise will be
critical as we continue to invest in our European growth," said Mr.
Peña. "I am excited to welcome Richard to Fortegra and look forward
to harnessing his experience to serve our stakeholders."
Mr. Mangion comes to Fortegra with more than 23 years of
experience in financial analysis, risk management and business
development. Prior to joining Fortegra, Mr. Mangion held key
leadership roles at leading multinational corporations, including
Bridgehaven Insurance, HDI Global SE and W.R. Berkley, where he
played a pivotal role in driving financial performance and
implementing strategic initiatives.
Richard is a Fellow of the Association of Chartered Certified
Accountants and holds an Honors degree from the University of
Essex.
"I am thrilled to join Fortegra and work alongside such a
committed team," said Mr. Mangion. "I am confident that together we
will bolster the Company's already stellar financial performance
and accelerate its growth throughout Europe."
Mr. Mangion's appointment to this newly created role is
effective October 21.
About Fortegra
For more than 45 years, Fortegra, via
its subsidiaries, has underwritten risk management solutions that
help people and businesses succeed in the face of uncertainty. As a
multinational specialty insurer whose insurance subsidiaries have
an A.M. Best Financial Strength Rating of A- (Excellent) and an
A.M. Best Financial Size Category of 'X', we offer a diverse set of
admitted and excess and surplus lines insurance products and
warranty solutions. For more information: www.fortegra.com.
About Fortegra's European subsidiaries
Fortegra Europe Insurance Company Limited "FEIC" was established in
2018 as a European subsidiary of Fortegra. FEIC has the necessary
permissions to underwrite warranty insurance business in various
European Union countries including the United Kingdom and European Economic Area
countries with authorisation from the Malta Financial Services
Authority (MFSA).
In 2024, Fortegra Belgium Insurance Company was granted
permissions to underwrite specialty lines of business across the
European Union from its base in Brussels. Our Belgian operation offers us
access to strategic distribution channels in a continually evolving
market. We collaborate with European managing general agents (MGAs)
that are experts in their chosen products and sectors, to provide
them with flexible deal structures, partnership transparency, and
shared risk.
Contact:
media@fortegra.com
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