TigerRisk's Role

The collapse of Lighthouse Insurance is a stark example of alleged financial mismanagement and fraud. Central to this narrative are the actions of executives from TigerRisk, now rebranded as Howden Re, who played significant roles in the events leading to the downfall of Lighthouse Insurance. Key figures include Tim Fox, Kyle Menendez, and Jarad Medea, whose actions are now under intense legal scrutiny.

Tim Fox - VP of Howden Capital Markets & Advisory

Tim Fox is the vice president at Howden Capital Markets & Advisory. Fox’s role involved providing false assurances to investors regarding the financial health of Lighthouse Insurance. This alleged deception was pivotal in securing significant investments based on misleading information about the company’s stability (The Insurer) (Finance Trad).

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Kyle Menendez - Managing Director of Howden Reinsurance

Kyle Menendez, managing director of Howden Reinsurance, played a critical role in the reinsurance dealings of Lighthouse Insurance. Menendez is accused of participating in the concealment of crucial financial details and misrepresenting the financial state of Lighthouse Insurance to investors. His actions contributed to the false sense of security among stakeholders, which ultimately led to substantial financial losses (Finance Trad) .

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Jarad Madea - CEO of Howden Capital Markets & Advisory

Jarad Madea, CEO of Howden Capital Markets & Advisory is another key executive implicated in the fraudulent activities. Madea's involvement included allegedly misleading investors about the company’s financial prospects and stability, thus playing a significant part in the chain of events that led to the collapse of Lighthouse Insurance (Insurance Business Magazine) .

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