Counting down the next lot of influential figures in the Captive Review Power 50, today we find out who is on the list from 30-11. Tune in tomorrow when we reveal the top ten.
#30 Steve Kinion, director of the Bureau of Captive and Financial Insurance Products, State of Delaware
As regulator for the State of Delaware, Kinion has consistently proved that the First State is a leading domicile with its legislative and regulatory improvements proving key in attracting captives. His experience has proven key in a challenging time for the industry, and as a result, Kinion continues to be at the forefront of the fight on behalf of captive insurance companies.
#29 Mike Meehan, consultant, Milliman
Boston-based Meehan has experience in loss reserving, feasibility studies and financial pro formas for captives and wider insurance companies. Widely touted as a forward thinker and innovator for captives, Meehan works closely with a number of industry associations and is happy to divulge his previous experience.
#28 Karin Landry, managing partner, Spring Consulting, an Alera Group Company
Following Spring Consulting Group’s acquisition by Alera Group, an employee benefits, property and casualty consulting specialist, the firm has found itself on a greater platform without any disruption to client services. Landry, who co-founded Spring, should now be able to expand her reach and grow her client book further afield.
#27 Heather McClure, chief risk officer, OU Medicine
The chief risk officer for OU Medicine, McClure directs the operations of the combined risk services department, which includes the risk, claims, and insurance divisions, managing risk involving all entities of the OU Medicine system. McClure is also a licensed attorney specialising in healthcare law, and chief legal officer and vice-president of operations for Academic Physicians Insurance Company. Given the growth in medical captives, McClure will be a significant figure in the industry.
#26 Michael Serricchio, managing director and American sales leader, Marsh
Serricchio advises Marsh’s US clients with the feasibility and organisation of single-parent captives, risk retention groups and rent-a-captive structures. Previous spells with KPMG and Arthur Andersen have given him a solid tax background and he is thought of as an innovator on captive programmes. With risk retention groups and rent-a-captive structures getting more attention, Serricchio will be an influential voice in this space.
#25 Rich Smith, president, VCIA
Smith is currently enjoying time as the president of the Vermont Captive Insurance Association, which aims to educate, communicate and advocate on behalf of Vermont. With previous experience in government in the state, Smith has extensive knowledge on captive insurance in the state of Vermont and coordinates with other associations to fight on behalf of the industry.
#24 Maria Sheffield, president, Caterpillar Financial Insurance Services
Now president of Caterpillar Financial Insurance Services, Sheffield previously spent time working as a captive program manager for the State of Missouri, and prior to that a decade in private practice specialising in insurance. This means she has a broad background of skills and knowledge about the industry, which she has brought to her current role.
#23 Thomas Keist, director innovative risk solutions, SwissRe Corporate Solutions
With more than 25 years of industry experience, Keist now leads SwissRe Corporate Solutions’ innovative risk solutions team. This means Keist has his finger on the pulse of emerging risks and how to cover non-traditional risks in new ways. With cyber and parametrics hot topics, Keist’s expertise will be in demand in the coming year.
#22 David Gibbons, captive insurance leader and partner, PwC
Responsible for overseeing PwC Bermuda’s captive insurance group, Gibbons has extensive experience in captive-focused internal audit services to clients. Having previously chaired the Bermuda Captive Conference, Gibbons is highly respected on the island by service providers and captive insurance companies alike.
#21 Nicola Fordham, director of underwriting, MAXIS Global Benefits Network
With the massive growth in the employee benefits space, MAXIS GBN has been at the forefront of employee benefits captives for the past year. A rising star at MAXIS GBN, Fordham has been one of the leading voices on employee benefits, lending her voice to panels, podcasts and publications. With employee benefits only growing, it’s sure to be an even bigger year for MAXIS GBN in 2020.
#20 Deyna Feng, director captive programs, Cummins Inc
Feng is the program director for Cummins’ captive program, running their single parent captive and running off programs for three offshore group captives. Having been based in Beijing for four-and-a-half years and responsible for regional risk management in Asia Pacific prior to taking on her current role, Feng also has a view to the industry in that region. Feng is a leading voice in the worldwide captive community, chairing the RIMS International Council in 2019 and being appointed to the board of CICA.
#19 Peter Child, head of European operations, Artex
Artex had previously made known its intention to grow its business, and with several acquisitions in 2019, notably EWI Re, it certainly held true to that. Recently promoted to head of European operations for Artex, Child previously ran the organisation’s Guernsey office and will now oversee their Malta, Gibraltar and London teams as well. Artex is positioning itself for more growth in Europe and Child will be leading the charge there in 2020 and beyond.
#18 Julie Boucher, managing director Bermuda, Marsh
As a practice leader for the world’s largest captive manager, Boucher is highly respected in her field. Boucher is responsible for the growth and development of the Bermuda captive offices. As head of office in Bermuda, Boucher ensures a steady hand in delivering high-quality captive management and services in the state.
#17 Sandy Bigglestone, director of captive insurance, State of Vermont
As director of captive insurance for the state of Vermont, Bigglestone is instrumental in the success of the largest US domicile. Charged with managing the division’s operations and overseeing the financial condition of captives domiciled there, Bigglestone reviews and approves captives applying in Vermont. Viewed as a fair regulator, Bigglestone will be key in keeping Vermont’s reputation at a high standard.
#16 Udo Kappes, chairman, ECIROA
After a couple of tricky years 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, as Chairmain of ECIROA Kappes has been in discussions with the European authorities on behalf of the captive industry.
#15 Nancy Gray, regional managing director Americas, Aon
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.
#14 Laurent Nihoul, group head of insurance, ArcelorMittal
As group head of insurance for steel and mining company ArcelorMittal, Nihoul is tasked with leading a global insurance team and developing its risk management and captive insurance strategy. Alongside being a board member at FERMA, Nihoul has quickly risen as a respected industry player with an array of insights and expertise on the sector.
#13 Jason Flaxbeard, alternative risk finance leader, Beecher Carlson
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 Dan Towle, president, CICA
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. He has spearheaded a number of important initiatives for the industry including CICA’s Next Gen programme and the Amplify Women taskforce.
#11 Ciarán Healy, director of client solutions, Aon
Highly valued throughout the European captive industry, Healy has quickly risen up the ranks and is becoming invaluable at Aon after five years leading the European captive team at Willis Tower Watson. Healy is now director of client solutions for EMEA and can be seen around the continent talking to absolutely everyone about captives.