In today’s evolving risk environment, more organisations are recognising the value of using a captive as part of their risk management strategy, leveraging these vehicles’ ability to provide tailored insurance solutions and the flexibility to address difficult-to-insure needs.
As demand for new captives remains strong, there is also increased interest from captive owners to strategically review and find ways to optimise their captive to align with changing market conditions and evolving needs. At the same time, innovations and new technologies continue to transform the captive landscape, providing owners with new opportunities to leverage their captive vehicles to navigate uncertainties and bolster their resilience.
In this episode of Risk in Context, Will Thomas-Ferrand, the Global Leader for Marsh Captive Solutions, speaks with Michael Serricchio, Captive Consulting Leader for the Americas, and Rob Geraghty, International Captive Consulting Leader. They discuss the growing interest in captives by organisations of different sizes and across industries, explore the benefits of captives, and talk about the importance of optimising these vehicles to effectively address emerging and hard-to-insure risks.
Global Leader, Captive Solutions
United Kingdom
William Thomas-Ferrand is the Global Leader for Marsh Captive Solutions, responsible for all aspects of the business, which includes 600 colleagues worldwide and approximately 1,900 captives under management in 50+ domiciles, totalling a premium volume of $73 billion. Based in the UK, Will is a 20-year veteran of Marsh Captive Solutions and is often sought out for expert advice on the captive industry.
Americas Sales and Consulting Leader, Marsh Captive Solutions
United States
Mike Serricchio is the Sales and Consulting Leader for Marsh Captive Solutions in the Americas. He assists clients in the US and globally with the feasibility and organisation of single-parent captives, as well as risk retention groups and rent-a-captives. He handles a range of consulting services surrounding various captive issues and concerns, including capitalisation levels, new coverages, tax concepts, captive investment opportunities, and cost savings.
International Captive Consulting and Sales Leader
United Kingdom
Rob Geraghty is the International Sales and Consulting Leader for Marsh Captive Solutions. He is responsible for growth and business development across a broad region, which includes Europe, the Middle East, Asia Pacific, and the UK and Ireland. His background in captives is diverse, including roles in Ireland, Gibraltar, Bermuda, and London, where he currently resides.
