We’re edging closer and closer to revealing who took top spot in this year’s Captive Review Power 50. As another day goes by, here’s the latest industry players to make the list.
20 Vincent Barrett – Chief Commercial Officer, Aon Captive and Insurance Management – Down 3
An experienced professional, Barrett has a deep understanding of captive insurance structures, including rent-a-captive, protected cell companies and special purpose vehicles. Having spent time in Bermuda and Europe, Dublin-based Barrett now enjoys global responsibilities for Aon’s White Rock Group of cell companies, Aon’s run-off management, ILS practice group and is co-lead of the company’s Solvency II steering group.
19 Nancy Gray – Regional Managing Director, Americas, Aon Captive and Insurance Management – Down 1
With more than 25 years of experience in the industry and a career spanning across International Risk Management Group (IRMG), EY, Johnson & Higgins and PwC, Gray is known across the US market as a leader in America’s captive management community. She was promoted to regional managing director of Americas for Aon in 2005 and now oversees operations in the US, Bermuda, Cayman, Barbados and Vancouver.
18 Matthew Latham – AXA XL – Up 13
With the AXA’s acquisition of XL Catlin currently underway and expected to create the largest global property and commercial P&C lines insurer, a new player will be on the scene with significant capabilities. While Latham’s new role is unclear, he has spent the previous four-and-a-half years as head of captive programmes for XL Catlin and was responsible for driving new captive business as well as providing good service for existing clients. As the merger continues to take shape, 2019 will be a significant year for Latham.
17 Anne Marie Towle – Executive Vice President, JLT Insurance Management – Down 1
Following the phenomenal growth of JLT and its subsequent acquisition by Marsh, the firm will be platformed onto the world stage, giving it the ability to expand globally while substantially increase Marsh’s captive management book. During her time in the role, Towle has increased her influence in the captive insurance industry and is likely to showcase her expertise to a wider audience as the acquisition closes.
16 Udo Kappes – ECIROA – Down 5
In a somewhat tricky year for European captive owners and manager, Kappes has ensured that captives continue to make their case. Whether it’s tackling Beps or solving Solvency II requirements, Kappes has been in discussions with the European authorities on behalf of the captive industry. Alongside this, Kappes’ ECIROA lead the highly successful bi-annual European Captive Forum, which saw industry leaders from around the world unite to discuss ideas and network.
15 Dan Towle – President, CICA – Down 5
As the president of the Captive Insurance Companies Association, Towle is singlehandedly organising associations and fighting on behalf of the industry. He is always quick to respond to regulatory updates affecting captives as well as planning a way to tackle it. With the OECD’s tax scrutiny and the Internal Revenue Service’s clamp down on captives, Towle is a steady hand and experienced head in a predictably disruptive year ahead.
14 Ciaran Healy – Aon Captive and Insurance Management – Up 29
Highly valued throughout the European captive industry, Healy has quickly risen up the ranks and has joined Aon’s team following his move from Willis Towers Watson. After five years at WTW, where he led the European captive team, Healy is now director of client solutions for EMEA.
13 Jason Flaxbeard – Captive Practice Leader, Beecher Carlson – Up 1
Recognised by the industry as one of the leading commentators, Flaxbeard’s leadership allows Beecher Carlson to remain highly-valued by its clients and competitors alike. Whether it’s predicting the outcome of a certain issue or winning the accounts of a large multinational’s captive, there is no doubt that Flaxbeard is seen as a leader when it comes to fighting for the industry.
12 Brady Young – President and CEO, SRS – Up 3
The past 12 months have been almost as active as 2017 for Strategic Risk Solutions. Following the announcement of a North Carolina office, the firm added Dana White to the team. Alongside this, Brady oversaw the acquisition of Ark Management in Malta, allowing for the faster innovation of products there. While it is unclear what the firm’s plans are for the future, 2019 is sure to be another exciting year.
11 David McManus – President and CEO, Artex – Down 3
With the re-appointment of Peter Mullen at Artex Risk Solutions this year, the firm will look to boost its current growth plans. Cited as a “logical move”, McManus previously told Captive Review that Mullen’s return is a statement of intent to the industry. By overseeing growth across the globe alongside acquisitions, McManus has transformed Artex into a captive manager that competes on the world stage.