SRS Distinguishes Captive Innovators for Second Time

Concord, MA, July 1, 2019

Strategic Risk Solutions, Inc. (SRS) today announced the winners of its 2019 Captivator Awards. These commendations recognize select client captives that have introduced innovative products or services to solve risk management challenges for their parent organization(s). The honors were presented at the recent 2019 SRS Client Symposium held at the Loews in downtown Chicago, IL

Single Parent Captive Category: Maple Red Insurance Company
Maple Red is a Vermont-domiciled pure captive owned by Turner Construction Company. Maple Red has utilized several advanced structures to support the complex risk management needs of its parent. Don Oshiro accepted the reward on behalf of Maple Red. The award was previously won by NiSource Insurance Corporation, Inc.

Group Captive/Risk Retention Group Category: Agrisurance Inc.
Agrisurance is a Vermont-domiciled group captive that has provided essential risk management resources the largest dairy cooperative in the United States and one of the largest in the world. Its achievements go beyond superlative program structuring and captive operations. The loss control efforts led and incentivized by Agrisurance have made a big difference for its policyholders. Jan Klodowski accepted the award on behalf of Agrisurance. The award was previously won by Ophthalmic Mutual Insurance Company.

Specialty Category: The Alliance Healthcare Coalition (AHC)
Utilizing a cell structure sponsored by Vermont-domiciled ProMutual Solutions Insurance Company, AHC was recognized for its work helping reduce costs and improve medical benefits for mid-sized companies. AHC specializes in healthcare purchasing coalitions and direct contracting with hospitals and providers to build customized HMO products for local employers. Mick Rogers accepted this award on behalf of AHC. The award was previously won by East Isles Reinsurance, Ltd.


Pictured left to right are:

Don Oshiro, Turner Construction Company (Maple Red Insurance Company)

Jan Klodowski, Agri-Services Agency (Agrisurance) and

Mick Rodgers, Axial Benefits Group (The Alliance Healthcare Coalition)

 

“We are delighted to highlight the great work being done by our clients,” said Brady Young, SRS President & Chief Executive Officer. “Maple Red, Agrisurance, and Alliance Healthcare Coalition are positive forces for enhancing risk management and driving change in their respective industries. We are impressed by their commitment to excellence and honored to be part of it. It was a pleasure to acknowledge and celebrate their successes.”

For more information or to address specific questions, please contact Brady Young.

About Strategic Risk Solutions (SRS) www.strategicrisks.com

SRS is the 5th largest captive management firm in the world and the leading independently owned manager. The company has representation in all US captive domiciles, Barbados, Bermuda, Cayman and Europe. It provides financial reporting, regulatory compliance and program management services to a wide variety of single parent, group and other insurance companies.