Captive Review has named eight professionals as ‘Ones to Watch in 2018’, including captive owners, insurers, captive managers and tax experts.
The Ones to Watch list recognises those individuals that are becoming increasingly prominent in the captive industry and/or are expected to have a big impact in their area of expertise over the next 12 months.
Below is Captive Review’s eight Ones to Watch in 2018.
Adriana Scherzinger, Head of Captive Services Latin America, Zurich Insurance Company
A passionate advocate for captives in Latin America, Scherzinger is a trusted adviser to existing and prospective captive owners coming out of the region and should be influential as the concept becomes more prevalent. Her extensive experience with Zurich in its large, sophisticated captive practice means she is well supported to help grow captives in Latin America.
Farah Jaafar-Crossby, Chief Executive Officer, Labuan IBFC
Appointed CEO at the turn of the year, Jaafar-Crossby has now taken the reins of the most ambitious captive domicile in Asia. Her existing experience in marketing Labuan provides her with an ideal starting point to take the jurisdiction to the next level and ensure it becomes the go-to domicile for the region.
Ian Davis, Director of Financial Services, State of Vermont
Less than one year into his role at the State of Vermont, Davis has already made considerable effort to engage with both the local and international captive insurance industry and will be undertaking a significant rebranding exercise of America’s leading onshore domicile in 2018. The Green Mountain State faces mounting challenges as captive domicile competition ramps up, and it will be intriguing to watch Davis’ impact.
Karen Hsi, Program Manager – Fiat Lux Captive Insurance Company, University of California
An integral part of the University of California’s increasingly sophisticated captive operations, Hsi is true rising star of the US captive insurance industry. Working in various risk and insurance roles at the University since 2011, she is now closely involved with both the University’s captive and risk retention group (RRG), domiciled in the District of Columbia.
Karl DeGiovanni, Managing Director, Aon Risk Solutions
Based in Malta, DeGiovanni is an increasingly influential individual within Aon’s global captive team and he is likely to be kept busy in 2018 as clients assess their post-Brexit insurance structure. DeGiovanni is also heavily involved with Aon’s cell company offering, sitting on the boards of White Rock Europe and White Rock Netherlands, both domiciled in Malta.
Katie Kelly, Captive Insurance Director, PwC Bermuda
The captive practice at PwC Bermuda is likely to be kept busy in 2018 as clients increasingly look to review and re-assess their structures, and Kelly is an integral part of the division. She joined PwC Bermuda in 2005, and works with single parent captives, associations and commercial (re)insurers. Heavily involved in the Bermuda Captive Conference, Kelly is also passionate about potential captive business originating from Latin America.
Owen Williams, Captive Centre of Excellence Manager, XL Catlin
A central part of XL Catlin’s growing captive practice, much of Williams’ work in 2018 will be behind the scenes as he works across the carrier to ensure best practice in its captive offering and processes. Having gained significant captive experience at Zurich, he now has an opportunity to make a significant impact within a growing captive player determined to provide more options to captive owners.
Pete Kranz, Captive Sales Leader, Beecher Carlson
An increasingly visible presence at Beecher Carlson, Kranz will be found more often on the road as he promotes Beecher Carlson’s captive practice and engages with existing clients and prospective captive owners. He has a flair for finding innovative solutions that involves the use of a captive and risk managers appreciate his no-nonsense attitude when a captive programme will just not work. Expect him to be involved in some interesting new formations in 2018.