Captive Resources has appointed Nick Hentges as CEO after holding the position of co-CEO for three years.
The group captive consulting firm implements a risk-rewards-based, member-owned group captive model, offering advice ranging from claims advocacy and operational oversight to risk management and ?nancial services.
Captive Resources also administers casualty, medical stop-loss, property and micro captive solutions.
Hentges has been at the captive consultancy firm since 1993, during which time he has served as executive vice president, president, and most recently as co-CEO. In these roles he was responsible for the day-to-day operations of the firm, including risk control, finance, claims and loss control, alongside president Mike Foley.
Commenting on the appointment via LinkedIn, Hentges says: “It is humbling to have so many people that I have had the pleasure to meet through my career reach out to me. Interacting with all of you, my colleagues, our clients and our business partners are the reason I am having so much fun. I look forward to the opportunity to continue to build on what was started 35 years ago.”
Co-founder George Rusu will transition from CEO to executive chairman, where he will be responsible for the overall representation of Captive Resources to its captives, as well as strategic oversight and direction of all company operations.
