Joe McDonald Stepping Away from IRMI Captive and Risk Finance Role

Joe McDonald has announced his resignation as captive and risk finance product manager for the International Risk Management Institute (IRMI) and Captive.com. In this role, he was responsible for the quality and growth of IRMI's captive insurance and risk finance suite of products, which includes Risk Financing, Captive Insurance Company Reports (CICR), Captive.com, and Captive Wire, along with several books and associated CE courses.

In his announcement, Mr. McDonald said, "IRMI is a beacon for the entire risk management industry. My time as the captive and risk finance product manager has been an incredible high point in my career. The relationships I've made here and the many things I've learned have shaped my perspective and understanding of the captive industry and of the larger risk management world. The caliber of intelligence and sophistication that exists under the IRMI roof has enhanced my career in profoundly meaningful ways and will help me continue to add value to the captive industry."

In response to Mr. McDonald's announcement, Jack Gibson, CEO of IRMI, stated, "IRMI has maintained a strong commitment to the risk finance and captive community for several decades, and Joe made many outstanding contributions to Captive.com and our other risk finance resources during his tenure here. While Joe will be missed, I want to assure our sponsors, readers, and subscribers that IRMI's commitment to this field will not waiver. We will immediately begin our search for Joe's successor."

In a final remark, Mr. McDonald added, "I look forward to a continued relationship with IRMI both officially, as an avid user of IRMI's captive and risk finance suite of products, and unofficially, as a brand ambassador and one who knows very well the profound knowledge and value that IRMI brings to modern risk management."

Mr. McDonald plans to remain in the captive space. Additional information on where he will land and his new role will be released in the coming days. If you or someone you know has an interest in leading IRMI's captive and risk finance initiatives, please contact us.