Captive management and consulting firm Strategic Risk Solutions (SRS) has celebrated its ten-year anniversary at the IMAC Cayman Captive Forum.
The company's Cayman based subsidiary, SRS (Cayman) was formed and licensed in November 2004.
Since its formation, the company has grown to be the fourth largest captive manager in the Cayman Islands with 75 captives under management.
"It has been exciting to see the company grow to its current position in Cayman and fill the need for a high quality independent captive manager," said Wayne Cowan, vice chairman of SRS (Cayman).
"Having worked in the Cayman captive industry for several years, I always believed that the SRS model of quality service and value added consulting would be successful."
Cowan started with the company in 2005 and was joined soon thereafter by co-managing directors Ron Sulisz and Seamus Tivenan. The three have led SRS Cayman through most of its history.
The company has recently added a fourth managing director in Dan MacLean who joined from Aon Insurance Management in September 2014.
Brady Young, president of SRS, commented: “I want to thank and congratulate Sulisz, Tivenan and Cowan for their hard work, dedication and professionalism in establishing SRS as one of the leading captive management firms in the Cayman Islands.”
“Our success has been driven by putting seasoned captive insurance professionals in a position where they can focus on the needs of their clients."
