Strategic Risk Solutions (“SRS”), a provider of captive management and consulting services, announced today the opening of its Luxembourg captive management branch. Brian Collins has joined the firm as Managing Director, Luxembourg to lead captive management business in the domicile. The Luxembourg branch will operate within the company’s pan-European captive management structure under SRS Management Europe PCC Limited.
Mr. Collins joins SRS from Stadhold Insurances (Luxembourg), a subsidiary of Randstad, where he was captive manager of both the insurance and reinsurance companies. Prior to Stadhold, he was general manager of Colonnade Insurance S.A., the Luxembourg subsidiary of Fairfax Financial Holdings. Mr. Collins also spent over 20 years at Marsh Management Services starting his career in Dublin and continuing in Luxembourg for 17 years, where he managed not only local captives, but also French, Dutch and Bermudian captives.
“We are pleased to officially open the Luxembourg branch of SRS and to welcome Brian as our Managing Director”, said Brady Young, President and CEO of SRS. “We are building a strong presence in Europe and believe Luxembourg to be a leading captive domicile within the European Union both now and in the future. Brian brings a brings a wealth of expertise in captive management and knowledge of the local captive market and we are excited to have him on board”, added Young.
Commenting on his new role, Brian Collins said, “I have been impressed by the development of SRS as a leading independent captive manager in the North American market. Joining the firm at the early stages of their European expansion, I feel gives me the right challenge at this stage of my career. With market, regulatory and service provider changes, there are opportunities for greater use of captives and Luxembourg in particular is well positioned to benefit as a European captive domicile.”
In a further expansion within Europe, SRS also announced the addition of Emily Cadby and Yashminn Yanez to the firm’s European Consulting and Management practices. Emily Cadby joins SRS from Willis Towers Watson as an Assistant Consultant in the Dublin office. Prior to this role, Emily was Insurance Manager with Marsh Captive Solutions in Dublin. Yashminn Yanez will join the Malta office in October as an Account Manager. She was previously a Finance Account Manager at Marsh Captive Solutions in Dublin.
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, Luxembourg, Malta, Netherlands, Sweden and Switzerland.
