Captive Resources has appointed Jim McKinley as vice president and captive executive, based in Itasca, Illinois. In his new role, McKinley will support the firm’s mission of providing companies with the opportunity to control insurance costs through the creation and oversight of member-owned group captive insurance companies. McKinley brings extensive industry experience to the firm, having most recently served as a principal at Acrisure for more than four years. Simultaneously, he spent 15 years as a partner at HNI Risk Services, an insurance brokerage and business advisory firm. Prior to these roles, McKinley held the position of senior sales executive at Wells Fargo Insurance Services from 2004 to 2011. His earlier career includes serving as president of Fabory USA and working in purchasing for Prince Corporation. Commenting on his appointment, McKinley says: “I’m happy to share that I’m starting a new position as Vice President and Captive Executive at Captive Resources, LLC!” Captive Resources currently advises more than 50 casualty and medical stop-loss group captives, representing over 7,500 member-companies and US$5.5 billion in annual premium. The firm provides a range of services including claims advocacy, operational oversight, risk management and regulatory compliance.
