Oxbow Partners Launches New York Office for Strategic Insurance Expansion
Oxbow Partners Expands US Presence with New York Office Launch
Oxbow Partners, a consulting firm specializing in insurance and financial services, has made a strategic expansion into the United States with the launch of a new office in New York. This move aims to bolster local support for its clientele, including insurers, reinsurers, Managing General Agents (MGAs), and investors, thereby enhancing regulatory compliance and operational efficiencies through industry-leading strategies.
The consultancy, with a robust presence in the UK, Europe, Bermuda, and US markets, continues to deploy its Agile Strategy methodology. This approach effectively integrates market understanding with strategic development frameworks, operational model advancements, and technology transformation. As a cohesive global entity, Oxbow Partners is well-positioned to assist US clients in navigating opportunities in Europe while supporting European clients aiming to penetrate the US insurance market.
Leading the New York operations are two seasoned industry professionals. Manmeet Singh Bawa, serving as Partner, leverages his expertise in modernizing property and casualty insurers’ operational frameworks to drive growth. Alongside him, Mark Purowitz serves as Senior Advisor, offering extensive experience in strategic growth, mergers, and acquisitions, thus enhancing the consultancy's capacity to meet regulatory compliance requirements and streamline integration processes across US and global financial sectors.
The US team aims to continue Oxbow's tradition of transformative strategies for leading insurers, focusing on reshaping operating models, advancing technological implementations, and guiding investors through commercial due diligence. These efforts are integral to post-acquisition and integration strategies, ensuring risk management and underwriting processes are optimized for market success.
Chris Sandilands, a Partner at Oxbow Partners, emphasized their strategic vision: “With our new team, we are launching a distinctive US platform that helps clients unlock growth, modernize operating models, and deliver results.” Manmeet Singh Bawa highlighted this pivotal moment within the US insurance market, underscoring the necessity for partners who can meld global insights with local expertise to facilitate significant strategic transformations. Mark Purowitz added, “The team has built a remarkable strategy boutique exclusively focused on specialty insurance. Now it’s time to bring that same value to US insurers.”