Assured Guaranty Ltd. (NYSE:AGO) (Assured Guaranty) announced that Antonio (Tony) Ursano, Jr. has been elected to Assured Guaranty's Board of Directors (Board) on May 2, 2025, bringing the total number of Board members to 10. He will serve on the Environmental and Social Responsibility, Finance and Risk Oversight committees.
"Mr. Ursano brings extensive experience in the insurance industry and investment banking business to the Assured Guaranty Board," said Board Chair Francisco L. Borges. "He is a welcome addition to our membership, and I look forward to gaining his insights and working with him."
In 2021, Mr. Ursano founded and began serving as managing partner of Insurance Advisory Partners, LLC, an insurance advisory firm that provides merger, acquisition, capital raising, and other advisory services to the insurance industry. Prior to founding Insurance Advisory Partners, Mr. Ursano was the Group Chief Financial Officer of Hamilton Insurance Group Ltd., where he also served on its board of directors.
"Assured Guaranty has benefited from Tony Ursano's advice since we went public in 2004, including most recently through the insurance advisory firm that he founded and where he is the managing partner," said Dominic Frederico, President and CEO. "Because he knows our company, our business and our markets so well, he will start making impactful contributions on day one."
Previously, Mr. Ursano was President of TigerRisk Partners and CEO and Founder of TigerRisk Capital Markets & Advisory, after having served as Head of Corporate Development for Willis Group and Founder and CEO of Willis Capital Markets & Advisory. Earlier, he served for 10 years as the Global Head of the Financial Institutions Group at Banc of America Securities, where he then became its Vice Chairman.
"I'm honored to be elected to Assured Guaranty's Board," said Mr. Ursano. "It's a company I have worked alongside for years and seen the strength and resilience of its business model as it grew into the unquestioned leader in its industry. Its financial guaranty products fill significant needs in today's volatile markets, and it has the capital, credit skills and committed people to expand into new markets and products."
About Assured Guaranty Ltd.
Assured Guaranty Ltd. is a publicly traded (NYSE:AGO), Bermuda-based holding company. Through its subsidiaries, Assured Guaranty provides credit enhancement products to the U.S. and non-U.S. public finance, infrastructure and structured finance markets. Assured Guaranty also participates in the asset management business through its ownership interest in Sound Point Capital Management, LP and certain of its investment management affiliates. More information on Assured Guaranty Ltd. and its subsidiaries can be found at AssuredGuaranty.com.
Cautionary Statement Regarding Forward-Looking Statements
Any forward-looking statements made in this press release reflect Assured Guaranty's current views with respect to future events and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in this press release. These risks and uncertainties include, but are not limited to, difficulties executing Assured Guaranty's business strategy and other risk factors identified in Assured Guaranty's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which are made as of May 5, 2025. Assured Guaranty undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250505226752/en/
Robert Tucker
Senior Managing Director, Investor Relations and Corporate Communications
212-339-0861
[email protected]
Ashweeta Durani
Director, Corporate Communications
212-408-6042
[email protected]