Chuck Scherer Joins the Expanding Strategic Risk Solutions ILS Team

June 6, 2023

Concord, MA, June 6, 2023 – Strategic Risk Solutions (SRS), the world’s largest independent insurance company manager, today announced that Charles “Chuck” Scherer has joined SRS Bermuda as a Senior Vice President – Insurance Linked Securities (“ILS”) in its Hamilton, Bermuda office.

Reporting to Jonathan Reiss, Chairman of SRS Bermuda, Mr. Scherer will be a key member of the Bermuda leadership team and will be responsible for further expanding SRS’ growing influence in the ILS sector.

“Chuck has a proven track record of developing ILS products across both Property & Casualty (P&C) and Life sectors, especially with respect to structuring and licensing catastrophe bonds, transformers, sidecars, and life insurance securitizations,” said Mr. Reiss. “Chuck also has considerable experience managing captives and commercial insurance and reinsurance clients in both Bermuda and the United States. His breadth of experience and versatility will be a huge asset to our growing team at SRS.”

Mr. Scherer has 20 years of experience in the financial services and insurance industries. Prior to joining SRS, he served as Controller for a Florida-based surety insurance company. Before that he was SVP, Insurance-Linked Securities at Aon Bermuda where he spent seven years dedicated to the ILS sector. Prior to that he was a Vice President at Marsh USA, managing special purpose financial captives and commercial insurance clients.

Mr. Scherer holds a BS in Accounting from Rutgers University, School of Business, and an MBA in Finance from Fairleigh Dickinson University. He also holds a Chartered Property & Casualty Underwriter (CPCU) designation.

“I have long admired SRS’ independence and dedication to client service, and I noticed their commitment to the ILS sector which fits perfectly with my experience. I am excited to have this opportunity in a dynamic and growing business,” commented Mr. Scherer.

SRS continues to see strong growth of insurance management demand from innovative commercial insurance and reinsurance ventures.

About Strategic Risk Solutions (SRS) www.strategicrisks.comSRS is the world’s largest independent insurance company manager. With 30 years of experience, SRS provides management and consulting services to a wide range of insurance company entities, from single parent captives to complex commercial insurers and reinsurers. SRS has operations in the United States, Canada, Europe, Barbados, Bermuda, Cayman Islands, and South Africa.

Media Contact:Sandra St. OngeSandra.st.onge@strategicrisks.com 

Charles Chuck Scherer, Senior Vice President

Charles "Chuck" Scherer, Senior Vice President, SRS Bermuda

  • SRS & Strategica Join to Form SRS Italy
    Concord, MA, September 26th, 2024 - Strategic Risk Solutions (SRS), the world’s largest independent insurance company manager, today announced the formation of SRS Italy. Headquartered in Milan, SRS Italy will be the first specialized company in the provision of insurance management services for captive insurance and reinsurance companies domiciled in Italy. SRS Italy has been formed by […]
    Read more
    SRS Altitude Announces Strategic Partnership with Generali Global Corporate & Commercial for ART Underwriting Activities
    Zurich, July 25, 2024 — SRS Altitude, the first European Managing General Underwriter (MGU) specializing in Alternative Risk Transfer (ART), is excited to announce its strategic partnership with Generali Global Corporate & Commercial. SRS Altitude will leverage the dedicated (re)insurance capacity, global reach and technical excellence of Generali Global Corporate & Commercial to originate, tailor, […]
    Read more
    SRS Acquisition of Robus Becomes Finalized.
    Concord, MA, July 1, 2024 - Strategic Risk Solutions (SRS), the world’s largest independent insurance company manager, today announced that its agreement to acquire Robus Group has been completed. Robus, now, SRS, will continue to operate out of their existing Guernsey and Gibraltar locations. Gibraltar will be a new domicile offering for SRS. With the acquisition […]
    Read more
    1 2 3 32
  • SRS & Strategica Join to Form SRS Italy
    Concord, MA, September 26th, 2024 - Strategic Risk Solutions (SRS), the world’s largest independent insurance company manager, today announced the formation of SRS Italy. Headquartered in Milan, SRS Italy will be the first specialized company in the provision of insurance management services for captive insurance and reinsurance companies domiciled in Italy. SRS Italy has been formed by […]
    Read more
    SRS Altitude Announces Strategic Partnership with Generali Global Corporate & Commercial for ART Underwriting Activities
    Zurich, July 25, 2024 — SRS Altitude, the first European Managing General Underwriter (MGU) specializing in Alternative Risk Transfer (ART), is excited to announce its strategic partnership with Generali Global Corporate & Commercial. SRS Altitude will leverage the dedicated (re)insurance capacity, global reach and technical excellence of Generali Global Corporate & Commercial to originate, tailor, […]
    Read more
    SRS Acquisition of Robus Becomes Finalized.
    Concord, MA, July 1, 2024 - Strategic Risk Solutions (SRS), the world’s largest independent insurance company manager, today announced that its agreement to acquire Robus Group has been completed. Robus, now, SRS, will continue to operate out of their existing Guernsey and Gibraltar locations. Gibraltar will be a new domicile offering for SRS. With the acquisition […]
    Read more
    1 2 3 32
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram