R&Q Captive Management USA has hired Jeff Kenneson as senior vice president of business development.
Kenneson has experience in forming and managing different types of captives in onshore and offshore domiciles.
He was previously senior vice president at Strategic Risk Solutions and USA Risk Group.
In his new role, Kenneson will be responsible for R&Q’s expansion in the US captive marketplace, which will see it become an approved captive manager in Vermont.
R&Q currently has presences in Arizona and South Carolina.
Kenneson will also assist in identifying captives in run-off that be looking for a more expeditious exit strategy.
Nick Frost, president of offshore specialist R&Q Quest, commented: “Kenneson has a proven track record of forming viable captives of all types onshore and offshore.”