13 March 2015Services

Stern Risk Partners to focus on US domiciles

Insurance broker and captive management firm Stern Risk Partners has been launched to focus on US domiciles.

The company, formed by Michael Stern and Mark Ouimette, specialises in integrating captives and traditional insurance and plans to expand offshore in the future.

Captive industry veteran, Kirk Mooneyham, will lead the firm’s captive management operations as executive vice president.

Additional professionals joining Stern Risk Partners are Brendan Healy as vice president and Aubrie DesCombes as programme manager, with responsibility for managing the specialised multifamily and tenant insurance programmes.

Michael Stern, chief executive officer of Stern Risk Partners, said: “Our seasoned team of professionals have been serving the captive community for the last couple decades and we look forward to continuing to deliver cutting edge, value added solutions for our clients.  Our full service platform will allow us to continue to be an integral part of the captive industry.”

Mark Ouimette, president of Stern Risk Partners, added: “I’m very excited to launch this new company, and to be joined by a group of highly talented insurance professionals who are passionate about delivering innovative solutions to our clients.”