{"id":456173,"date":"2021-03-11T11:52:13","date_gmt":"2021-03-11T16:52:13","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=456173"},"modified":"2021-03-11T11:52:13","modified_gmt":"2021-03-11T16:52:13","slug":"stonybrook-capital-risk-management-is-pleased-to-announce-the-initial-success-of-its-ilw-desk","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/stonybrook-capital-risk-management-is-pleased-to-announce-the-initial-success-of-its-ilw-desk\/","title":{"rendered":"Stonybrook Capital &amp; Risk Management is Pleased to Announce the Initial Success of its ILW Desk"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, March  11, 2021  (GLOBE NEWSWIRE) &#8212; Stonybrook Capital is pleased to announce the initial success of its ILW desk, which was established in the summer of 2020. \u201cOur goal was to bring technology that delivers transparency, improved market intelligence, and a less intrusive price-discovery process for underwriters and buyers, and we are thrilled by the support of the ILW marketplace,\u201d said Dan Butzbaugh, Stonybrook Risk Management.<\/p>\n<p align=\"justify\">Since the platform\u2019s inception, Stonybrook has completed several ILW transactions. \u201cIt is another example of Stonybrook developing new products and services to assist the (re)insurance market. We are delighted to launch this service at a time when parametric triggered products such as ILWs are gaining in popularity because of the simple and speedy resolution of payments,\u201d said Principal and CEO, Joe Scheerer.<\/p>\n<p align=\"justify\">\u201cStonybrook Capital is a leading investment bank for CAT exposed insurers. We can leverage that expertise in the ILW arena as well,\u201d said Paul Kneuer, Stonybrook Capital.<\/p>\n<p align=\"justify\">\n        <strong>About Stonybrook Capital &amp; Risk Management<\/strong><br \/>\n        <br \/>Stonybrook Capital &amp; Risk Management is a global investment banking and reinsurance broking firm, with headquarters in New York City. The Firm focuses exclusively on the insurance and reinsurance industry.<\/p>\n<p>\n        <strong>Corporate contact<\/strong>:<br \/>Kendel Bell<br \/>Tel: (646) 927 0438<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=I4tr0mPzzUYiJG4Ur9K2juIFGerP8bXCKTgv_PPK75sk6bt0jeO5r3wQcfY_1tb7Jy5xgk7SWfPAr-nlIbb057zL2mHDuaeqm0Tk3NoPkaw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><em><u>cao@stonybrookcapital.com<\/u><\/em><\/a><\/p>\n<p align=\"justify\">Regards,<br \/>Stonybrook Capital &amp; Risk Management<\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4ODY2MCM0MDYwMTc5IzIwODA3NDk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/8b83e2b9-3e92-47a0-b0f3-36f70fad44ec\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, March 11, 2021 (GLOBE NEWSWIRE) &#8212; Stonybrook Capital is pleased to announce the initial success of its ILW desk, which was established in the summer of 2020. \u201cOur goal was to bring technology that delivers transparency, improved market intelligence, and a less intrusive price-discovery process for underwriters and buyers, and we are thrilled by the support of the ILW marketplace,\u201d said Dan Butzbaugh, Stonybrook Risk Management. Since the platform\u2019s inception, Stonybrook has completed several ILW transactions. \u201cIt is another example of Stonybrook developing new products and services to assist the (re)insurance market. We are delighted to launch this service at a time when parametric triggered products such as ILWs are gaining in popularity because of the simple and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stonybrook-capital-risk-management-is-pleased-to-announce-the-initial-success-of-its-ilw-desk\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Stonybrook Capital &amp; Risk Management is Pleased to Announce the Initial Success of its ILW Desk&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-456173","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Stonybrook Capital &amp; Risk Management is Pleased to Announce the Initial Success of its ILW Desk - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stonybrook-capital-risk-management-is-pleased-to-announce-the-initial-success-of-its-ilw-desk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stonybrook Capital &amp; Risk Management is Pleased to Announce the Initial Success of its ILW Desk - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, March 11, 2021 (GLOBE NEWSWIRE) &#8212; Stonybrook Capital is pleased to announce the initial success of its ILW desk, which was established in the summer of 2020. \u201cOur goal was to bring technology that delivers transparency, improved market intelligence, and a less intrusive price-discovery process for underwriters and buyers, and we are thrilled by the support of the ILW marketplace,\u201d said Dan Butzbaugh, Stonybrook Risk Management. Since the platform\u2019s inception, Stonybrook has completed several ILW transactions. \u201cIt is another example of Stonybrook developing new products and services to assist the (re)insurance market. We are delighted to launch this service at a time when parametric triggered products such as ILWs are gaining in popularity because of the simple and &hellip; Continue reading &quot;Stonybrook Capital &amp; Risk Management is Pleased to Announce the Initial Success of its ILW Desk&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/stonybrook-capital-risk-management-is-pleased-to-announce-the-initial-success-of-its-ilw-desk\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-11T16:52:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4ODY2MCM0MDYwMTc5IzIwODA3NDk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stonybrook-capital-risk-management-is-pleased-to-announce-the-initial-success-of-its-ilw-desk\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stonybrook-capital-risk-management-is-pleased-to-announce-the-initial-success-of-its-ilw-desk\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Stonybrook Capital &amp; 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