Deryl Bauman has founded Blue Falcon Captive Insurance Consulting as its principal.
In his new role, Bauman will provide a suite of captive insurance consulting services designed to help businesses more efficiently manage their insurable risks.
Bauman left his role at First Tennessee Bank after 37 years. Most recently, he served as a commercial relationship manager.
He spent his last six years at First Tennessee Bank in an entrepreneurial effort to serve the captive industry with financial services.
Bauman said: “I feel blessed by the Tennessee captive industry that educated me about the benefits of captives for businesses and then embraced me in my efforts to serve that industry.”
He added: “Therefore, starting a consulting practice, in part, to support the continued growth of the Tennessee domicile is a way to give back and have some fun in the process.”
“After just attending the 9th Annual Tennessee Captive Insurance Association Conference, I am further convinced that this is the right thing for me to do to stay active in this industry.”