Captive management firm USA Risk Group (USARG) has appointed Stephen Roseman as president and CEO, a successor to Gary Osborne, who had recently stepped down from his role after 22 years at the company.
In this role, Roseman will lead USARG's operational leadership team, and will be responsible for executional oversight over USARG's long-term, client-centric growth strategy.
Roseman has over 20 years of experience, and has worked closely with senior management at USARG since its acquisition by Spencer Capital Holdings in 2015.
He has previously held the role of president of Spencer Capital Holdings, where his responsibilities included overseeing a portfolio of insurance and financial services companies.
Prior to this, he was senior vice president at Calamos Advisors, a managing member at Thesis Capital Group, and a portfolio manager at Kern Capital Management.
“Stephen’s knowledge of our clients and services make him a natural fit for the role of CEO,” said Cindy Lyford, vice president, USA Risk Group. “Stephen will play a critical role as we continue to invest in technology that will improve the service we provide to our clients.”
As CEO, one of Roseman's first initiatives will be to to spearhead the development of a client advisory panel to help shape the future of USARG. The panel is aimed at gathering critical insights with regard to the shifting captive management landscape while advancing USARG’s business model based on what matters most to clients.
“I am thrilled to have the opportunity to join as CEO of USA Risk Group, where I have worked closely with a team of experts, each with a unique skill set, who pride themselves in implementing impactful solutions while serving as trusted advisors to their clients,” said Roseman. “I am excited about the opportunity for growth that lies ahead while building on the legacy of consistent, high-quality customer service that has driven USARG for nearly 40 years.”
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USA Risk Group, Stephen Roseman, Gary Osborne, Appointment, Captive management, Spencer Capital Holdings, Insurance, Captives, North America