Assured Guaranty Appoints Insurance Expert Antonio Ursano to Board
Assured Guaranty Ltd., a Bermuda-based financial guaranty firm, has added Antonio (Tony) Ursano, Jr. to its Board of Directors, increasing the total board members to ten. Ursano brings substantial expertise from the insurance industry and investment banking, enhancing Assured Guaranty's strategic and financial oversight. He will serve on the Environmental and Social Responsibility, Finance, and Risk Oversight committees, underscoring the company's focus on governance and risk management.
Ursano is the founder and managing partner of Insurance Advisory Partners, LLC, an advisory firm specializing in insurance mergers, acquisitions, and capital raising. His previous roles include Group CFO and board member at Hamilton Insurance Group Ltd., and senior executive positions at TigerRisk Partners and Willis Group. His background also includes a decade leading the Financial Institutions Group at Banc of America Securities.
Since Assured Guaranty's public offering in 2004, Ursano has provided advisory services that contributed to the company's growth and resilience. The firm offers credit enhancement solutions across public finance, infrastructure, and structured finance markets in the U.S. and internationally, which play a crucial role in mitigating credit risk amid market volatility.
The addition of Ursano is anticipated to support Assured Guaranty's expansion into new markets and product offerings, leveraging his knowledge of capital markets and insurance sectors. His appointment reflects the company's commitment to strong governance, risk oversight, and strategic growth in a complex regulatory environment.
Assured Guaranty also engages in asset management through its ownership in Sound Point Capital Management and related affiliates. The inclusion of a seasoned executive with Ursano's background aligns with industry trends where financial institutions strengthen leadership to navigate evolving market and regulatory challenges effectively.