Peter Child To Lead New Strategic Risk Solutions Guernsey Operations

Insurance management and consulting services provider Strategic Risk Solutions (SRS) is establishing operations in Guernsey, with Peter Child joining the firm to lead the Guernsey operations.

Mr. Child, who will take his position in July, has been appointed managing director, SRS Guernsey Management Limited, and will be responsible for the development and oversight of SRS's business in Guernsey.

"We are pleased to be able to establish an office in Guernsey—a great place to do business, with its solid regulatory framework, strong infrastructure, and a vibrant and growing insurance market," Brady Young, SRS CEO, said in a statement.

"Adding Peter to our talented management team is a pivotal next step in the execution of our strategy to expand our customer base and to extend our geographic reach," Mr. Young said. "While we've developed an enduring presence in the United States and international captive management sector, we're now building a strong team in Europe and in the commercial insurance and insurance-linked securities (ILS) 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."

Born in England and raised in Guernsey, Mr. Child 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 to take the position of assistant director of the Insurance Division of the Guernsey Financial Services Commission (GFSC).

Mr. Child went to Aon from the GFSC and, after working with the firm for 2 years, joined Artex in 2007 where he worked in various roles, most recently with responsibility for Artex's Guernsey office as well as those in Malta, Gibraltar, and London. He also oversaw the provision of insurance management services to a diverse portfolio of international clients.

Mr. Child holds an English degree from the University of Reading in the United Kingdom. He is an associate of the Chartered Insurance Institute as well as a past chairman of the Guernsey International Insurance Association (GIIA), the representative body for Guernsey's insurance companies and insurance managers.

Mr. Child is the current chair of GIIA's Market Development Committee, which oversees initiatives in the areas of captive insurance, ILS, rated reinsurance, pension risk transfer structures, managing general agencies, life insurers, and market access.

In the statement, Mr. Young said that recruiting to staff the new SRS Guernsey office will begin immediately.