- Posted by: Andrew Berry
- Category: news
Dublin, Ireland, May 6, 2020
Strategic Risk Solutions (“SRS”), a provider of captive management and consulting services, announced today that Derek Bridgeman will be joining the firm’s European operations on 18th May 2020 as Managing Director. He will develop and lead the Risk Consulting Practice in Europe. Prior to joining SRS and since 2017 he has led the International Captive Advisory Practice at Marsh. In addition to his risk finance advisory experience he spent over 10 years in Marsh’s captive management practice where he served a range of multinational captive owners and special purpose reinsurance entities. He also led Marsh’s EU Solvency II and BEPS initiatives.
Mr. Bridgeman will join the Board of SRS Europe which includes its pan-European branch offices.
“I worked with some great people and really enjoyed my time with Marsh however I am delighted to have been presented with the opportunity to join SRS. The proven track record and independent nature of SRS was highly appealing to me and I look forward to building on the solid foundation developed in Europe to date. Recent industry changes and economic pressures arising from Covid-19 mean that now, more than ever, clients will be challenged to seek opportunities to optimize their overall insurance spend. I look forward to working with clients and prospects to challenge the status quo and consider alternative risk transfer options”, said Bridgeman.
As a further expansion of SRS Europe’s consulting operations Neil Campbell has joined the European consulting team and will focus primarily on the firm’s structured reinsurance consulting capabilities. Neil began his career with ICI’s insurance team in London. He was risk manager for Zeneca and AstraZeneca for 12 years, subsequently joining JLT as leader of their Global Life Science Practice before setting up his own consulting firm in 2014. Neil will support SRS Europe’s risk consulting around captive strategies and complex reinsurance options.
“With the European operational infrastructure now firmly established and represented in major European Union domiciles, the firm is gaining traction with clients and plans to continue to hire great talent to drive the business forward. With broker owned management firm mergers continuing, we are the only credible option for captive owners if they want international, independent and unbiased advice underpinned by solid management services”, said Brady Young President and CEO of Strategic Risk Solutions.
“Although we have been operating for almost over 30 years as an independent firm, we try to keep things fresh and find new ways to grow and add value for our clients and growth opportunities for our colleagues. I am looking forward to welcoming both Derek and Neil to the team at a time when our industry enters one of its most exciting and innovative eras”, added Young.
For more information or to address specific questions, please contact Brady Young.
About Strategic Risk Solutions (SRS) www.strategicrisks.com
SRS is the 4th largest captive management firm in the world and the leading independently owned manager with representation in all US captive domiciles, Barbados, Bermuda, Cayman as well as Europe. From its European head office in Ireland, SRS Europe operates in key captive domiciles that include Dublin, Liechtenstein, Luxembourg, Malta, Netherlands, Sweden and Switzerland.