4 April 2016Actuarial & underwriting

River Oak Risk appoints MD

River Oak Risk, a company that focuses on the formation and management of captive insurance companies for middle market businesses, has appointed Paula Mott as a managing director.  Mott has been an advisor to high net worth individuals in the areas of wealth management and risk management. She has previously held roles at The Denali Foundation, the Recipe for Success Foundation and Morgan Stanley.  Doug MacGinnitie, chief executive officer, said: “Paula has significant experience in the insurance and financial services industries and will be a great asset to River Oak Risk. We are expanding our captive management services and solutions in the Southwest, particularly Texas, and Paula will be an integral part to our expansion. We are very excited to work with Paula.” Mott added: “I decided to join River Oak Risk because I strongly believe that captives are the most dynamic solution available to clients that wish to address their risk management and asset protection needs. “I believe that River Oak Risk places the needs of the client first and provides the most conservative and comprehensive approach to captive management on the market, ensuring that trusted advisors and their clients are offered the highest quality service and product available.”