Strategic Risk Solutions, Inc

Strategic Risk Solutions, Inc

SRS is the world’s leading independently owned captive management firm. The company has representation in all major US captive domiciles, Barbados, Bermuda, Cayman, and Europe. It provides financial reporting, regulatory compliance, and program management services to existing and prospective captive insurance companies.

Strategic Risk Solutions, Inc
2352 Main St Suite 301 Concord, MA 01742
www.strategicrisks.com
781-487-9800


Profile:

About SRS
SRS is differentiated from other captive managers, through the independence of our ownership structure and our expertise. 

Independence

  • Employee owned. Client focused. SRS is an employee-owned company, which allows us to take longer-term decisions in the best interests of our clients. We are not beholden to the short-term demands of the financial markets impacting publicly owned firms or from the demands of private equity owners.  
  • Unbiased advice. Custom solutions. We do not underwrite or sell insurance. Being free from any real or perceived bias in the insurance purchase decision, allows us to develop custom objective solutions that are driven solely by the needs of our clients.  
  • Trusted partner. Our independence from insurance distribution allows us to interact effectively with other service providers to our captive clients and parent organizations without competitive concerns. We build trust with our clients and all providers involved in the program. SRS has a history of working very effectively with all service providers and respecting the relationships of those providers with our mutual clients.  

Expertise

  • Quality of service. All of our systems, people and resources are exclusively focused on managing insurance companies. We are the only manager with an insurance management process audited under SSAE18 across all offices. Our customers consistently give us high ratings in our annual customer satisfaction surveys. Details of our most recent customer survey are provided in Appendix C. 
  • Staff expertise. As captives are at the heart of our company, our incentive programs are designed for our insurance management and consulting personnel. This puts our captive account teams at the center of our firm, not the periphery. This has allowed us to hire the best in the business. Many of our senior employees are owners of the firm providing a greater level of commitment to SRS and its clients.  
  • Global capability, local expertise.  Our commitment to finding the best solutions for our clients has taken us around the globe. We identify the right insurance vehicles and domiciles to achieve your goals and support you with an experienced local presence to ensure things run smoothly. 

 


Areas of specialisation​:​

  • Captive Management
    • Financial reporting, regulatory compliance and general management services
    • Governance, Risk & Compliance
    • Strategic and technical advice
  • Captive Consulting
  • Cell Facility Management
  • Commercial Insurance & Reinsurance
  • ILS
  • Fund Administration Solutions

brady-young.jpgBrady Young
President and CEO
Email: brady.young@strategicrisks.com
Brady’s experience has been instrumental in the formation of numerous captives. He has provided strategic and operational consulting to many of SRS’s clients. He has led SRS and its captive services for the past 25 years.

michael-o-malley.jpgMichael O’Malley
SVP and Managing Director
E-Mail: Michael.o’malley@strategicrisks.com
Mike leads Strategic Risk Solutions’ consulting practice providing feasibility studies, financial analysis, and strategic reviews for single parent, cell, and group captive programs. His captive consulting experience has been at the forefront of some of the industry’s major innovations including the first DOL approval to insure employee benefits in captives and the creation of the world’s first series LLC captive.

peter-child-2.jpgPeter Child
CEO, SRS Europe
E-Mail: Peter.Child@strategicrisks.com
Peter is the CEO of SRS Europe and is responsible for the driving the firm's expansion into various European captive domiciles. Peter joined SRS in 2021 and has worked with captive clients from industries as diverse as travel, finance, mining, legal, hospitality, printing, logistics and aviation. He has also delivered services to commercial insurers and reinsurers as well as Insurance Linked Security vehicles. 

Captive International