The Captive Review Power 50 has been revealed after more than 3,000 votes were cast by readers and the wider captive insurance community.
With industry players continuing to engage and vote for their peers, Captive Review has compiled a list of the most powerful and influential professionals within today’s global captive insurance industry.
More places will be released throughout the week. Stay tuned to find out where you or your fellow peers ended up.
#50 Debra Walker – Senior Deputy Commissioner, North Carolina – NEW ENTRY
North Carolina is a domicile with relatively new captive insurance infrastructure. Walker, senior deputy commissioner at the state’s department of insurance, is driving innovation and change. With North Carolina recently revealing plans to introduce a premium tax holiday for businesses re-domiciling their captives in the state, the state is bidding to lead when it comes to forward-looking legislation.
#49 Steve Bauman – Head of Global Programs and Captive Practice, North America, AXA XL – NEW ENTRY
Bauman is currently working as head of global programmes for AXA XL’s North America business. With more than 30 years of experience in captive and wider insurance, he returned to AXA XL following stints at Zurich and Aon, where he served as head of captive programmes and senior vice president respectively. Bauman specialises in P&C with an emphasis on captives for large national and multinational businesses. He is also involved with a number of other organisations, including VCIA.
#48 Barry Beard – Head of Global Services and Complex Multinational UK&I, Chubb – NEW ENTRY
Appointed to the role in 2017, Beard works with Chubb’s multinational clients to help them deal with complex captive programmes. Using Chubb’s product portfolio, advanced technology and regulatory expertise, Beard has proven himself to be a key player in helping the company’s clients set up customised programmes.
#47 Ed Koral – Specialist Leader, Deloitte -NEW ENTRY
Koral, who is making his debut in the Captive Review Power 50, is enjoying a career that includes stints at Johnson & Higgins, American Express and Marsh USA. Now a specialist leader with Deloitte Consulting, Koral is an expert in the captive insurance space. He was a member of the Vermont Captive Insurance Association Board for six years. During his time there, he also involved himself with various committees and chaired the conference committee twice.
#46 Todd Cunningham – Head of Strategic Risk Solutions, Zurich – NEW ENTRY
Having been made head of Zurich North America’s single parent and sponsored cell captive units in 2017, his appointment was seen as a move to ensure Zurich stayed ahead of competitors. With more than a decade of experience at Zurich, Cunningham has broad experience in the design of customised solutions for customers and a forward-looking approach to managing challenging risks.
#45 Robert Walling – Principal and Consulting Actuary, Pinnacle Actuarial Services – UP 3
With the scrutiny of captives in the US and Europe increasing drastically, Walling is proving to be an important voice within actuarial services. Not afraid to tackle industry challenges head on, Walling is increasingly respected by his peers and will continue to broaden his influence on the industry in the year ahead.
#44 Michael Corbett – Director of Captive Insurance, State of Tennessee – UP 2
An outspoken commentator on the industry, Corbett is leading the state of Tennessee to becoming one of the most robust domiciles for captives in the US. Known as a fair regulator, captives in the state are operated to the highest standard and premiums surpassed $1bn for the first time in 2017 under Corbett’s watch.
#43 William Thomas-Ferrand – International Practice Leader, Marsh – NEW ENTRY
An international practice leader at a business managing more than 1,250 captives, Thomas-Ferrand is quickly becoming recognised as a trusted commentator on industry affairs. Having started as an auditor at Deloitte UK, Thomas-Ferrand joined Marsh Management Services Malta in 2004. Since then, he has enjoyed a three-year stint as strategy and operations leader for EMEA Pacific. Thomas-Ferrand began his current role earlier this year.
#42 Adriana Scherzinger – Head of International Program Business, Latam, Zurich – NEW ENTRY
Recently appointed to the role, Scherzinger is touted as a potential leader in a rapidly growing market. A former Captive Review One To Watch, Scherzinger will be based in Sao Paulo and will work alongside Zurich’s life organisation. At the time of the announcement, Zurich was “excited” to have Scherzinger leading the charge in the region.
#41 Brian Quinn – Founding Director and Chief Underwriting Officer, Granite – UP 9
Regarded in the community as an employee benefits expert, Quinn provides influence and experience to multinationals planning to set up global captive programmes. With prior experience building General Motors’ employee benefits captive, Quinn is a trusted and well-respected expert in the business. As employee benefits continue to rise in prominence, Quinn could experience a busy 12 months.