Beecher Carlson has created a risk optimisation group to assist clients and prospective clients identify, quantify, and mitigate their risks.
The group combines the alternative risk, captive management, actuarial, analytics, claims, risk control, and ZOOM teams and resources into one practice group.
Jay Sampson, who has been promoted to executive managing director, will lead the group and will be responsible for structuring it to ensure it provides the best service and most innovative solutions for clients.
Sampson was previously Beecher Carlson’s managing director, a role which saw him manage the teams servicing some of the company’s largest clients with the most complex risks.
He has more than 25 years of experience in corporate risk management and has gained expertise in primary and excess casualty insurance coverage and structures, property insurance, and captive utilization.
The leaders of the teams combined into the risk optimisation group, including Pete Kranz, executive managing director and captive practice leader, will now directly report to Sampson.
Sampson said he is “honoured” to lead the group, which he believes is “important initiative” and will “drive strategies to reduce clients’ exposure and, ultimately, their total cost of risk”.
He added: “As we began discussing strengthening our integration and collaboration across our consulting practices, it was clear to me that Beecher Carlson had the opportunity to distinguish itself within the industry.”
Joe Siech, Beecher Carlson CEO, commented: “Beecher Carlson has always been viewed as a consultative broker focused on client solutions rather than transactional insurance placements.”
“As our industry continues to progress to a more digital platform, clients will place a greater emphasis on their broker’s ability to identify, quantify, mitigate, and creatively finance their ever-changing risk profile.”
