Preferred Re appoints Tyler King as EVP

Preferred Reinsurance Intermediaries, a boutique reinsurance intermediary and subsidiary of Balavant Insurance Group, has appointed Tyler King as Executive Vice President (EVP).

The appointment aligns with Preferred Re’s strategy to build a leadership team with the expertise, relationships, and vision to drive growth and strengthen its position in the expanding program business segment.

In his new role, King will partner with Founder and President, Bob Sanders and the leadership team to strengthen the firm’s capabilities and expand its market relationships.

There will be a focus on advancing the company’s growth strategy and reinforcing its position within the program business market.

King has nearly 15 years of experience in treaty reinsurance broking, with expertise in client services, operations, and broking. Most recently, he was the Senior Vice President, Treaty Broker at Gallagher Re.

Sanders commented, “Tyler’s track record in the MGA and program sectors, along with his strategic and collaborative mindset, make him an exceptional addition to our team.

“We’re excited to have him join us as we continue to grow our capabilities and deliver tailored, high-impact reinsurance solutions to our clients.”

Rekha Skantharaja, Chief Executive Officer, Balavant, added, “At Preferred Re, we understand that matching the right capacity with the right MGA is where real innovation begins.

“Adding exceptional talent like Tyler strengthens our ability to empower clients to build creative, market-leading programs that move our industry forward.”