9 November 2022Reinsurance

SRS opens Paris office for captive business

Strategic Risk Solutions (SRS) has opened an in Paris offering captive management.

“Since our beginning we have always gone to where our clients want to go,” said Brady Young, SRS chairman & chief executive. “Clearly many French companies want to “go home” and operate their captive. We look forward to helping the domicile evolve in the future.”

“It’s exciting to be opening another office in Europe, and to establish a foothold in Paris ahead of all of our direct captive management peers is a great endorsement of our teamwork and deep levels of professionalism,” commented Peter Child, SRS Europe chief executive.

SRS Management, France is located at 42 Avenue de la Grande Armée, Paris 17. SRS Europe currently has office locations in Guernsey, Ireland, Luxembourg, Malta, and Switzerland and also has company representation in the Netherlands, Sweden, and the United Kingdom.

SRS said that it continues to see strong growth of captives and increasing insurance management demand from innovative captive and commercial insurance and reinsurance ventures. With the Paris office in addition to the new European leadership appointments, the company is assiduous on bringing the independence and expertise of SRS to the French captive audience.

“I am very excited to start our journey in France and lead up a fully dedicated local service team to serve the French-based insurance and reinsurance vehicles in the best way,” said Maxime Schons, managing director, SRS. “The current industry environment together with the high demand to create new captives wherever and regulators expectations imposes us to plan and invest both in numbers and in quality of our teams, which we continue to do. Our French operations fills our model and presence across Europe to respond to the wider EU demand.”