Oxbow Partners, the specialist managementconsultancy for the insurance industry, today announced the opening of a New York City office.

Founded ten years ago, Oxbow Partners has established itself as a leading strategy consulting firm for seniorleaders at insurers and reinsurers, brokers, MGAs and investors in London, Europe and Bermuda, advising on some of the industry’s most significant challenges and opportunities. The New York office will serve corporate clients across North America, leveraging Oxbow Partners’ deepexpertise in strategy development and experience delivering strategic transformations. Investors and corporate development executives will benefit from Oxbow Partners’ capabilities with commercial due diligence and post-acquisition strategy development and integration.

All clients will gain from the Oxbow Partners Agile StrategyTM methodology, which combines deep market insight with a pragmatic and integrated approach to strategy development, operating model and technology transformation. The Oxbow Partners ‘one global firm’ model means that it is perfectly positioned to help US clients with their European expansion, and European clients with their US strategies.

As part of the expansion, Manmeet Singh Bawa has joined Oxbow Partners as Partner and will lead the US business, based in New York City. Manmeet brings over a decade of global consulting experience advising P&C insurers on growth strategies, business model innovation and transformation, and data-driven performance improvement. Additionally, Mark Purowitz has joined as Senior Advisor, also based in New York City. Mark has several decades of US and global financial services experience across strategic growth and M&A.

Manmeet Singh Bawa said: “I’m excited to join Oxbow Partners to lead our US business. The US insurance market is at an inflection point. Carriers, reinsurers and MGAs are looking for a specialist partner who can combine global sector insights with local expertise to deliver meaningful strategic transformation. I look forward to partnering with insurance industry leaders to bringing a fresh, objective perspective on their most important strategic priorities.”

Mark Purowitz said: “I’m excited to join Oxbow Partners as a Senior Advisor to bring their leading insurance strategy expertise to the US market. Over the past decade Greg Brown, Chris Sandilands and the broader Oxbow Partners team have built something remarkable – a strategy advisory boutique exclusively focused on specialty insurance. Their vision that the market needed specialized, independent strategic counsel has proven right, establishing Oxbow Partners as the go-to advisory firm in the London Market. Now it’s time to bring that same value to North America. Clients stand to gain tremendously from Oxbow Partners’ deep experience across topics such as corporate strategy and M&A, underwriting strategy and productivity, operations, and insurance technology.”

Chris Sandilands, Partner at Oxbow Partners in London, said: “Oxbow Partners, now in its tenth year and with a client base extending from Europe and the UK through Bermuda and into the US, is recognized for its deep industry insights and pragmatic execution approach. With our new team, we are launching a distinctive US platform that helps clients unlock growth, modernize operating models, and deliver results.”