The most influential names in the captive industry revealed! We conclude our Power 50 countdown by announcing who ranked in the top ten places.
The 2023 Power 50 has landed, Captive Review’s Who’s Who guide to the must-know people in the world of captive insurance.
Over 7,800 captive professionals responded to our call for nominations this year, proving that inclusion in our prestigious list is just as important today as when we launched the first Power 50 11 years ago.
With these names we conclude our 2023 Power 50 countdown, having revealed numbers 50-31 on Wednesday, and 30-11 yesterday. Earlier in the week we also revealed our new inductees to the Captive Review Hall of Fame, along with our Ones to Watch for this year.
With the industry expanding year on year and interest in captives continually growing, you’ll find there are many prominent industry names who missed out. However, this says a lot about the talent currently proliferating in the industry, that it’s now such a challenge narrowing it down to 50.
- Jennifer Gallagher, president, North America, Artex Risk Solutions
One of three people who built Artex from its inception, Jennifer Gallagher is one of the industry’s most important leaders. As president of Artex’s North American operation, Gallagher has been at the forefront of the group’s growth in recent years. Her direction and leadership of the company helped Artex to be named captive manager of the year for managers of more than $1 billion in premium at the most recent Captive Review US Awards.
- Peter Child, chief executive officer, SRS Europe, and managing director, SRS Guernsey
Accessible and a popular captive advocate, Peter Child has over 30 years’ experience in the insurance industry, working in the captive space for Aon, Artex and the Guernsey Financial Services Commission. As CEO of SRS Europe, he has made a number of strong appointments as the organisation has quickly scaled up its European operation and was named captive manager of the year at the recent Captive Review European Awards.
- Anne Marie Towle, Global Captive Solutions leader, Hylant
As a regular speaker at industry events, Anne Marie Towle is one of the most accessible and communicative leaders in the captive space. Since joining Hylant in September 2019 to lead its new captive unit, she has scaled up the team impressively and introduced many promising young talents to the captive space. Her efforts were rewarded when Hylant picked up three awards at the Captive Review US Awards, including for captive manager of the year – less than $1bn premium.
- Karin Landry, managing partner, Spring Consulting Group
As one of the co-founders of Spring Consulting Group 19 years ago, Karin Landry is one of the most highly respected captive consultants, who has assisted all kinds of captive clients of all sizes and across various industries. She also gives back to the industry, is a professor at ICCIE and a past chair of CICA. Since being acquired by Alera Group, the firm only has more resource to scale up the business’ captive offering and exert greater influence.
- Marine Charbonnier, head of captives and facultative underwriting, APAC & Europe, AXA XL
A huge force in the European captive market for years, Marine Charbonnier’s importance to the world of captive insurance is only growing. Her recent promotion to head up captive underwriting in Asia Pacific as well as Europe increases her global influence, at a company increasing its interest in the captive space. Charbonnier is a regular attendee at industry events and is always happy to share her expertise, having worked with captives since 1992.
- Peter Carter, global head of captive and insurance management solutions, WTW
Peter Carter has headed up WTW’s captive management team since November 2019 and is an enthusiastic advocate for captives, always willing to speak and engage in discussion on key issues. After navigating the challenges of the pandemic and the failed Aon merger early into his leadership, he had good success and attracted some strong names to his team last year, as WTW won captive consultant of the year at the Captive Review European Awards.
- Nick Hentges, chief executive officer and principal, Captive Resources
Having been co-CEO of Captive Resources since the end of 2019, Nick Hentges became the sole CEO and principal of the specialist group captives consultancy from the start of 2022. Having joined Captive Resources in 1993, he is considered to be one of the foremost experts in how to run a successful group captive and is extremely knowledgeable in his industry. He also gives back to the industry through his involvement with CICA, and is this year’s vice-chair of the board of directors.
- Sandy Bigglestone, deputy commissioner of the Captive Insurance Division, Vermont Department of Financial Regulation
In 2022, Sandy Bigglestone stepped up to her new role with the Vermont captive regulator, but prior to that spent the previous 13 years as director of captive insurance and has worked for the department since 1997. She is a major reason behind why Vermont has developed such a strong reputation and is on track to become the world’s largest captive domicile. Now in the top job, her influence covers not just the captives the state regulates, but also other captive regulators, who often look to Vermont as the model of how to house and regulate captives.
- Lorraine Stack, international consulting leader, head of Dublin office, Marsh Captive Solutions
A frequent speaker on industry issues and always willing to share her views, Lorraine Stack has over 25 years’ experience in the insurance and financial services industries in Ireland and the US and is considered to be a leading expert in the implementation of employee benefits captives. Always highly knowledgeable on global industry trends, this year her role expanded to include leading Marsh Captive Solutions’ Ireland operations from Dublin, where she has worked since 2002.
- Nancy Gray, regional managing director, Americas, Aon Captive & Insurance Manager
A very popular figure, Nancy Gray’s influence is extensive, with responsibility for Aon’s operations in the US, Bermuda, Cayman, Barbados and Vancouver. With over 30 years of experience in the captive industry, she’s been part of Aon since 2001. As well as her current Aon role, she has served as a director and past chair and treasurer of the National Risk Retention Association and serves as a director and officer for a number of captive clients. Previously, she has served as a director and treasurer of ICCIE and as a director and treasurer of the Vermont Captive Insurance Association.
