- Posted by: Andrew Berry
- Category: news
Georgetown, Cayman Islands, November 18, 2019
Strategic Risk Solutions (“SRS”), a provider of captive management and consulting services announced today that Stephen Gray will be joining the company in early 2020. Mr. Gray joins SRS from Willis Towers Watson Management (Cayman) Limited where he was Managing Director and Executive Vice President.
“I am excited about the opportunity of joining SRS. It was a difficult decision to leave Willis Towers Watson after 28 years at the firm, but I felt the time was right for a new challenge”, said Stephen Gray. “I have known the team at SRS through our work with the Insurance Managers Association of Cayman (“IMAC”) and have a lot of respect for the business that they have built in Cayman. I am looking forward to working with an independent manager and focusing on serving the needs of captive clients”, added Gray.
SRS is currently the fifth largest captive management company worldwide and the largest independent manager. Mr. Gray will be joining as a Managing Director of Strategic Risk Solutions (Cayman) Ltd. He has extensive experience serving captives in the healthcare industry, as well as 22 years’ experience in the Cayman captive market. In addition to his experience at Willis Towers Watson, Mr. Gray is a former Treasurer and member of the Executive Committee of IMAC.
“We have seen consistent growth in our Cayman business over the past 15 years which has allowed us to become one of the top managers in the domicile”, said Brady Young CEO and President of SRS. “We are investing in our infrastructure to support the servicing of our clients in Cayman and firmwide. This will provide a platform to improve the quality and efficiency of services for current clients but also allow us to accommodate future growth. We believe there are additional opportunities in the Cayman market and that Stephen can help us enhance SRS as the leading captive manager in Cayman”, added Young.
“Stephen is a highly respected and senior member of the Cayman captive community and has been a strong competitor to SRS”, said Ron Sulisz, President of SRS International and a Managing Director of SRS Cayman. “We welcome him to SRS Cayman and look forward to working with him to further develop our Cayman captive business”, added Sulisz.
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.