Insurance management and consulting services provider Strategic Risk Solutions (SRS) has announced that it is setting up an office in Guernsey. The firm currently operates from the US, Europe, Barbados, Bermuda, Grand Cayman and South Africa.
Peter Child (pictured), who has been appointed Managing Director, SRS Guernsey Management, will be responsible for the development and oversight of SRS’s business on the island.
Peter will take up his new position with SRS in July, moving from his current role as Head of European Operations and Managing Director, Guernsey, at Artex Risk Solutions.
He began his insurance career in the early 1990s with Euler Hermes, a London-based trade credit and political risks underwriter. He worked in data analysis, sales and underwriting before returning to Guernsey in 2001 as Assistant Director of the insurance division of the Guernsey Financial Services Commission.
From the GFSC, Peter joined Aon and after working with the firm for two years, moved to Artex in 2007, where he has most recently overseen Artex’s offices in Guernsey, Malta, Gibraltar and London.
Peter is a past Chairman of the Guernsey International Insurance Association (GIIA) and current Chair of GIIA’s Market Development Committee, which oversees initiatives in captive insurance, ILS, rated reinsurance, pension risk transfer structures, managing general agencies, life insurers and market access.
SRS Chief Executive Officer Brady Young commented: “While we’ve developed an enduring presence in the US and international captive management sector, we’re now building a team in Europe and in the commercial insurance and insurance linked securities segments.
"Peter’s mandate includes establishing an office in Guernsey to support the development and management of insurance entities across all sectors in the domicile."