Latest Posts
THEY JUST CAN’T KEEP QUIET
A couple of our executives have and will be spouting off about various topics surrounding the captive and alterative risk transfer marketplaces. Dennis Silvia, President of Cedar Consulting, a USA Risk Group Company, has been featured in a recent article of Rough Notes discussing his viewpoint on the marketplace in the coming months of 2011. The article can be found online at www.roughnotes.com, under the current issue page 66. Gary Osborne, President of USA Risk Group, will be speaking on various topics at the following future events:
Vermont Captive Insurance Association Annual Conference August 9 – 11, 2011
National Risk Retention Association Conference October 5 – 7, 2011
Self Insurance Institute of America Conference October 9 – 11, 2011
Has it really been that long?
Today marks the 15th anniversary for a few key USA Risk Group individuals. It seems hard to believe it was fifteen years ago that these people came to work for USA Risk Group and what a strange trip it has been. Is that a song?
- Gary Osborne, Group President
- Andy Sargeant, Captive Operations President and Chief Operating Officer
- Val Smith, Assistant Vice President in charge of our Regulatory Services section
These three individuals have played crucial roles in the development of our company and deserve most of the credit for putting the company head and shoulders above many of our competitors, as evidenced by our ranking of 4th largest captive manager in the world. Everyone here at USA Risk Group thanks them for their efforts and appreciates their continued leadership.
Fall Conferences Are Upon Us
After a nice kick start created by the Vermont Captive Insurance Association Conference held in mid-August, we are ready to get out in force with attendance at the fall conferences. USA Risk Group saw some of the best activity at our booth in years. The production team met after the conference and listed nearly a dozen legitimate leads. Several of those leads have already committed to forming captives in the month since the conference. We think this may be just the start of increased activity in the captive arena. With the uncertainties of the economy and the healthcare legislation, people are looking for some stability. We believe companies are turning to captive arrangements for that stability. Not to mention some tax and estate planning at the same time.
We look forward to seeing you at a future conference:
| Carolina RIMS | September 16th |
| National Risk Retention Association | October 5th – 7th |
| ALARYS Conference | October 10th – 13th |
| ASHRM | October 13th – 16th |
| CIC-DC Annual Conference | October 18th – 19th |
| Kentucky Captive Conference | November 3rd – 4th |
| World Captive Forum | November 8th – 10th |
| Cayman Captive Conference | November 30th – December 2nd |
Osborne on the Collateral Problem
Please read Gary Osborne’s latest blog post at Captive Review on the Collateral Problem. Click here to read.
Osborne on the State of Risk Retention Groups
Gary Osborne
Gary Osborne, President of USA Risk Group, sat down with AM Best recently to discuss the state of the Risk Retention Group marketplace and how some of the proposed federal regulations might affect those entities. Please click here to view this informative interview.
Authors
Jeff, a Certified Public Accountant since 1990, has over 19 years experience in the captive insurance industry. Jeff has had experience working for a large broker, a self-managed captive insurance company and for the past 10 years has focused the majority of his time in the creation and formation of captive arrangements ranging from single parents to sponsored facilities to risk retention groups. He is an active participant with the Vermont Captive Insurance Association and other industry associations and has also spoken at several industry conferences. He has been a member of the VCIA’s legislative committee for the past 10 years. He is a graduate of the University of Vermont with a degree in Business Administration.
Gary, a Scottish Chartered Accountant, presides over the entire USA Risk Group family. He develops innovative alternative and traditional risk strategies and programs for clients and prospects of USA Risk Group. With over nineteen years of experience in the alternative market, he has been involved in the establishment of numerous single parent captives, association captives, risk retention groups, and traditional group insurance programs. He has also spoken at several national industry conferences, served on the NRRA membership committee, and was Treasurer of the Hawaii Captive Insurance Council. He currently serves on the Legislative Committee of the Vermont Captive Insurance Association and serves as a faculty member for the International Center for Captive Insurance Education.
