Captive Resources has appointed Drew Kendrick as assistant vice president, business development executive for medical stop-loss.
The captive consultancy firm provides advisory services to group captives, ranging from safety and claims advocacy to operational oversight and risk management, to help increase buying power, stabilise insurance costs and generate profitability to bottom lines.
Captive Resources has helped create over 40 group captives across the US, and currently advises several of the largest member-owned group captives in the world, with total premiums of around US$3 billion and assets of $8 billion.
Kendrick previously held sales representatives roles at National General Insurance, where he partnered with consultants, brokers and insurance agencies to create self-funded, traditional medical stop-loss programmes.
Commenting on his new role via LinkedIn, Kendrick says: “I look forward to beginning this new chapter of my career with an outstanding organisation!”
