SRS Announces Key Hires in Guernsey Office

Concord, MA, May 4, 2021

Strategic Risk Solutions (“SRS”; “the Company”), the world’s leading independent insurance company manager, announced today that Elyse Dandeker and Stephen Nash have been hired to fill key roles in the Company’s newly established office in Guernsey.

Dandeker, who has been appointed to the position of Director of Accounting Services, joins SRS on June 7, 2021. Nash joins later in the year and will be appointed to the position of Director of Insurance Services.

Peter Child, whose appointment as Managing Director Guernsey was announced earlier this year, takes up his new role on July 26, 2021. The three executives form the foundation of the Company’s Guernsey operations, the base from which SRS will manage its expansion into onshore and offshore jurisdictions in Europe.

“We are delighted with the response to our arrival in Guernsey. It reinforces our belief that the European market is receptive to a global, independent firm, with strong local expertise, that puts clients first,” said Brady Young, CEO and Chairman of SRS.  “Our business in Europe is important strategically and financially to SRS and we believe the long-term opportunity is significant.”

“The pieces are coming together nicely in Europe and, with the addition of Elyse and Steve’s skillset and experience, we are very excited about the foundation we are building in Guernsey,” said Derek Bridgeman, Managing Director, SRS Europe. “We anticipate several additional local hires and recognize that Guernsey’s stable, proportionate and responsive regulatory approach complements our global expansion initiatives around captives, commercial management and insurance-linked securities.

“To date, our interactions with regulators, as well as existing and new clients, have been extremely encouraging and provide us with confidence that an alternative to broker-led management offerings is very much welcomed.”

Dandeker joins SRS from Willis Towers Watson (WTW) where, for the past 5 years, she held the position of Account Director. In that role, she was responsible for leading teams in all aspects of captive management as well as providing technical, industry and subject matter expertise and supporting the business from an operational perspective. Prior to joining WTW, Dandeker held the position of Senior Manager at PricewaterhouseCoopers in the Channel Islands, managing teams that specialized in captive insurance and private equity audits.  She also completed a secondment with PwC in Perth, Western Australia, auditing clients in the oil and gas as well as mining industries.

Nash joins SRS after 27 years with Artex Risk Solutions (Guernsey) Limited where he held the position of Client Insurance Manager. At Artex, he was primarily accountable for the provision of technical insurance advice and services to a number of captive clients, including those engaged in the global natural resources, international finance, legal and logistics industries. He also ran a protected cell company that acted as a commercial reinsurer providing a range of niche reinsurance products to specialist insurers in the UK market.

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

SRS is the world’s leading independent insurance company manager. With over 25 years’ experience, SRS provides management and consulting services to a wide range of insurance company structures, from single parent captives to complex commercial insurers and reinsurers. SRS has operations in the United States, Europe, Barbados, Bermuda, the Cayman Islands and South Africa.