Managing general underwriter MSL Captive Solutions (MSL) has appointed David Sykes as chief financial officer.
Sykes joins MSL from Strategic Risk Solutions Bermuda, where he was managing director for more than a decade.
Relocating to the US, Sykes will manage the accounting and reporting requirements on MSL’s captive programmes.
Sykes has more than 30 years’ experience in financial management for a range of insurance entities, including captives, commercial reinsurers and service companies.
He brings expertise in captives, especially group captive structures, to the role.
Commenting on his appointment, Sykes says: “I am excited to be joining MSL at this stage of the company’s growth. I have been impressed by the company’s development and the future opportunities as captives become a more established funding mechanism for medical stop loss.”