Martin Kauer has been appointed executive partner at Karson Management (Bermuda) Limited.

Karson, a fintech platform, provides capital-efficient solutions for financing and collateral, investing and asset management as well as risk transformation.

The company said Mr Kauer is a senior executive reinsurance, finance, corporate finance and investment banking professional with more than 30 years of experience as chief executive officer, chief financial officer and chief operating officer in the insurance industry and in investment banking.

Prior to Karson, he managed Asia Capital Re and Glacier Re after the two entities were acquired by the Catalina Group. Before that, he was the CFO of Zurich Re which was spun off as Converium and listed on the Six Swiss Exchange and at the NYSE.

Mr Kauer also worked as an investment banker for Bank Vontobel and UBS, where he managed the demutualisation of Swiss Life in 1997.

He said: “I am excited to join Karson at this juncture of its development and to drive the transformation of Karson’s unique platform design into one that supports sustainable growth going forward using my in-depth knowledge in reinsurance and investment banking.”

Derrell Hendrix, Karson’s CEO, added: “I worked with Martin as he shaped Zurich Re into an integrated global reinsurance platform and in taking that platform to the public market as Converium. Since then, I have seen Martin successfully integrate two other major reinsurers into Catalina and believe his extensive expertise in reinsurance and investment banking will be a very valuable resource for Karson’s further development.”