Captive Resources has appointed Wyatt Steele as vice president, captive executive.
The group captive consultancy firm administers a risk-reward-based group captive model in property, casualty (including workers’ compensation, general liability and auto) and medical stop-loss coverages.
Captive Resources’ solutions are implemented across a range of industries, including but not limited to manufacturing, transportation, food and beverage, healthcare and agribusiness.
Steele is well experienced in the captive insurance and financial services industries, having previously served as a senior captive insurance professional at Willis Towers Watson for almost eight years.
In this previous role, Steele was responsible for a portfolio of group captive programme management, development, underwriting, client account management and financial reporting.
In addition, he supported a large single-parent captive in which he was responsible for advising client representatives, undertaking risk analysis and price calculation modelling, and overseeing policy and documentation development.
Before this, he served as asset management accountant at Jackson National Asset Management, where he monitored financial data relating to mutual fund assets.