R&Q Captive Management US has appointed Jeff Kenneson as senior vice president of business development.
Kenneson has previously served as a senior vice president with the independent captive management firms of Strategic Risk Solutions and USA Risk Group.
He is responsible for R&Q’s expansion in the US captive market place to include becoming an approved captive manager in the State of Vermont. R&Q said that this will complement its current presence in Arizona and South Carolina and also complement its off-shore profile which trades as R&Q Quest.
Kenneson will also assist in identifying captives in run off who may be looking for a more expeditious exit strategy.
Nick Frost, president of R&Q Quest, said: “We had been looking to expand our footprint into Vermont for several years and are excited to announce the addition of Jeff, a long standing and well respected professional with vast industry experience. Jeff has a proven track record of forming viable captives of all types onshore and offshore.
Kenneson said: “I look forward to the opportunity of expanding the reach of a company like R & Q into the US given their success offshore. After 25 years in the captive business, I’m happy to be continuing that work with R & Q, while branching out to the acquisition of captive run off business.”
R&Q, Strategic Risk Solutions, Jeff Kenneson, North America, Nick Frost, Insurance