In advance of our reveal of who made the Power 50 this year, we highlight some of the brightest industry prospects who could be challenging for a spot on our run-down in future years
The captive industry is awash with talent at the moment. Much is spoken about an aging workforce in the industry, but after receiving thousands of responses to Power 50 survey this year, it’s clear there future leaders waiting in the wings ready to take over when the current established industry heavyweights decide to step down.
Below are the ten names that featured most often in our call for ones to watch in the industry. These are names who may well appear in a future Power 50. Read more about them to find out why:
Aaron Brown
Regional director, business development – EMEA, MAXIS Global Benefits Network
Aaron Brown has impressed at MAXIS Global Benefits Network since joining its London office from MetLife 10 years ago. In that time Brown has quickly risen up the ranks. After leading the UK & Ireland business development team for four years he stepped up to take responsibility for all of EMEA at the start of the year, putting him on course to being a key future leader in the captive employee benefits space.
Gaurav Chachan
Senior manager, actuarial services, PwC Bermuda
Gaurav Chachan has a diverse actuarial background, starting his career in pensions consulting before transitioning to property and casualty insurance. He moved from India to join PwC’s Bermuda office in November 2022, where he today looks after the actuarial component of many of PwC’s audit and advisory engagements. Working with actuaries from several of the island’s biggest captives and global re/insurers, he has earned a reputation as one of Bermuda’s brightest actuarial talents.
Kirsten Foltz
Senior captive accounting manager, Pro Group Management
Kirsten Foltz has fully embraced captive insurance since joining Pro Group Management four years ago from the State of Wisconsin where she was an accountant. She has subsequently become a leader in her company, teaching advanced captive principles, and been tapped to participate on conference panels. She serves on CICA’s NextGen and Amplify Women committees and last year earned her advanced accounting degree and Associate in Captive Insurance designation from ICCIE.
Nicholas Frongillo
Senior consulting actuary, Spring Consulting
Nicholas Frongillo joined Spring Consulting in May 2014 straight from Northeastern University and in that time has demonstrated a great enthusiasm for the captive industry. Today he works with employers to address a range of actuarial functions including medical stop-loss, captive feasibility studies, and risk optimisation. Amid a number of talented colleagues, he has earned senior status and become a highly-regarded member of the Spring team.
Melinda Pontos
Head of captive underwriting, Zurich Global Employee Benefits Solutions
Melinda Pontos joined Zurich Insurance in November 2021 as a senior captive underwriter, having previously spent seven years at PartnerRe based in a number of roles from their Zurich-based office, and ending as head of group protection for UK and Ireland. Her talent and leadership qualities saw her promoted to the role of head of captive underwriting in Zurich’s employee benefits unit at the start of this year.
Claire Richardson
Captive consultant, Hylant Global Captive Solutions
A graduate of Butler University’s risk management and insurance programme in 2021, Claire Richardson started as an intern at Hylant, and was taken on as a full time captive consultant on graduation. She has continued to leave her mark on the captive industry since then through her positions on CICA’s Next Gen and Amplify Women committees and as a conference speaker, and was named Emerging Talent of the Year at the 2023 Captive Review US Awards.
Anne Ritts
Assistant vice president, PNC Institutional Asset Management Insurance Solutions Group
Anne Ritts has been involved in the captive insurance industry for just a year, but has already left a strong impact on the captive asset management space. This was reflected by her promotion after just nine months in PNC’s insurance solutions group to her current role of assistant vice president. Learning amongst several other notable captive specialists at PNC, her reputation is sure to keep growing.
Caterina Robba
Senior account executive, Generali Employee Benefits
Caterina Robba joined Generali Employee Benefits initially on an internship in September 2019, and after impressing was taken on as a full-time network management officer just seven months later. Based in Luxembourg, she had been working as a sales account executive until her promotion to senior account executive in July last year. Highly thought of in the Generali Employee Benefits team, she has the potential to keep progressing in her captives career.
Kristen Sorbera
Tax senior manager, Deloitte
Kristen Sorbera has spent over 12 years with Deloitte’s tax group in New York, and for the last decade has specialised in insurance tax, including captives. She has served captives across several industries, including retail, manufacturing, technology, and financial services. Additionally, she has helped several companies structure captives to mitigate risk and achieve optimal tax structures. She is passionate about captives, and considered very important to Deloitte’s overall footprint in the space.
Alex Symons
Associate director, Aon Insurance Managers (Guernsey)
Alex Symons has emerged as an important member of Aon’s captive operation in Guernsey during his 14 years with the company. He works with clients to design and implement effective risk management and financing solutions and manages a portfolio of captives from various industry sectors including services, engineering, energy, aviation and solicitors. He was promoted to his current role of associate director in April 2022, and receives praise for his innovative insurance programmes.
