Michael Stern and Mark Ouimette have launched Stern Risk Partners, a new specialty insurance brokerage and captive management firm.
The new firm offers its clients creative traditional and alternative risk solutions for their insurance needs.
Stern Risk Partners’s leadership has more than 60 years of combined experience, across multi-family real estate, construction and numerous other industries.
The firm’s captive management capabilities will initially be focused on US domiciles with future plans to expand offshore.
Kirk Mooneyham, previously of Wilmington Trust and Beecher Carlson, will lead the firm’s captive management operations as executive vice president.
Additional professionals joining are Brendan Healy as vice president and Aubrie DesCombes as programme manager, with responsibility for managing the specialised multi-family and tenant insurance programmes.
Ouimette, president of newly formed Stern Risk Partners, commented: “I’m very excited to launch this new company, and to be joined by a group of highly talented insurance professionals who are passionate about delivering innovative solutions to our clients.”
