1 September 2016Analysis

USA Risk Group added to Worldwide Broker Network

USA Risk Group, which manages over 260 captives and risk retention groups, has been named as an associate member of the Worldwide Broker Network (WBN), which has 107 brokerage and employee benefits consulting member firms located internationally.

USA Risk is headquartered in Vermont, and has additional offices in captive domiciles such as Bermuda, British Virgin Islands, Arizona, Barbados, Cayman Islands and South Carolina.

“We are delighted that USA Risk has chosen to join our portfolio of high quality firms offering essential insurance- or benefits-related services for WBN member firms and their clients,” said Francie Starnes, WBN’s chief executive officer.

“Operating in every major captive domicile and, through its highly professional staff of 60, USA Risk offers an extensive menu of services including captive consulting, formation, management and reinsurance placement to enable clients to control their insurance programs.”

Paul Macey, head of captive management for USA Risk Group, added: “USA Risk Group is proud of our independence and we are delighted to be approved as a member of the WBN. We look forward to becoming a valuable resource for the members of the WBN with a common goal of unprecedented service to our mutual clients.”