In this latest GCP Short, produced in collaboration with Friends of the Podcast Beecher Carlson, Richard discusses defining risk appetite in a hardening market.
The three guests are Michael Laperche, Vice President of Risk Management at PRIDE Industries, Courtney Claflin, Executive Director of Captive Programs at the University of California, and Jason Flaxbeard, Senior Managing Director at Beecher Carlson (full biographies below).
For more information on Beecher Carlson's captive practice, visit: https://www.globalcaptivepodcast.com/beecher-carlson
Jason is the Chair of Beecher Carlson’s alternative risk operations within the US, Bermuda and Cayman Islands. He has over 20 years of experience in the captive insurance industry and over 20 years in the accounting industry. He joined Beecher Carlson as a client executive in 2001. Jason is a graduate of Bath University, England, where he earned a Bachelor of Science degree in economics. He is also an Chartered Accountant and a Chartered Property and Casualty Underwriter. He is a frequent speaker at RIMS, CICA, HCIC, WCF and has spoken at VCIA and European Captive Forum. He is a faculty member at ICCIE.
In his role at UC, Courtney directs Fiat Lux Risk and Insurance Company, a single parent captive, UC Health RRG, A Reciprocal Risk Retention Group, Eureka Insurance Company PCC, an incorporated cell captive structure and Eureka One IC, an incorporated cell captive insurance company.
As executive director, his role is the development, implementation and management of the captives and all captive activities. This includes strategic planning and management of current captive programs and the formulation and development of new risk financing strategies utilizing captive insurance arrangements.
As vice president of risk management, Michael Laperche is responsible for the effective management of uncertainty in PRIDE Industries’ operations across 15 States. Minimizing downside outcomes and enabling upside opportunities is the goal of the enterprise risk management system at PRIDE. Central to the strategy is the work Laperche led in the formation of Social Enterprise Assurance Co, LLC (SEAssure), a captive insurance company operating by and for PRIDE Industries. The creation of SEAssure means PRIDE is better prepared for the risk of new contracts and will have more flexibility for PRIDE’s continuing growth.
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