Alvarez & Marsal has appointed John Capasso as a senior director to lead the captive risk management division within the firm's insurance advisory services practice. He will be based in New York.
Prior to joining Alvarez & Marsal, Capasso held the role of managing director of Captive Planning Associates—a captive management firm he founded, where he provided alternative risk solutions to middle-market privately held businesses.
Capasso is also a member of the Captive Insurance Companies Association and the Delaware Captive Association, where he serves on the board of directors and its legislative committee.
Alvarez & Marsal also appointed Thomas Mulhare as managing director of its insurance advisory services and Rudy Dimmling, based in New York, and Patrick Hughes, based in Chicago, as senior directors.
Jim McDermott, managing director and head of Alvarez & Marsal insurance advisory services, said: “Clients have been increasingly looking to us for guidance. Expanding our dedicated insurance advisory practice is a natural next step in Alvarez & Marsal’s evolution.”
“Our operational heritage positions us to provide unmatched advisory and interim management services across the insurance industry spectrum and company lifecycle.”
