Strategic Risk Solutions Fills 2 Key Guernsey Office Positions

Strategic Risk Solutions (SRS) has hired Elyse Dandeker and Stephen Nash to fill key roles in the company's newly established Guernsey office.

Ms. Dandeker, who was appointed director of accounting services, will join SRS on June 7. Mr. Nash will join the company later in the year and will be appointed director of insurance services.

Peter Child, whose appointment as managing director Guernsey was announced earlier this year, takes up his new role on July 26. The three executives form the foundation of the company's Guernsey operations, the base from which SRS will manage its expansion into onshore and offshore jurisdictions in Europe.

"We are delighted with the response to our arrival in Guernsey. It reinforces our belief that the European market is receptive to a global, independent firm, with strong local expertise, that puts clients first," Brady Young, CEO and chairman of SRS, said in a statement. "Our business in Europe is important strategically and financially to SRS and we believe the long-term opportunity is significant."

"The pieces are coming together nicely in Europe and, with the addition of Elyse and Steve's skillset and experience, we are very excited about the foundation we are building in Guernsey," Derek Bridgeman, managing director, SRS Europe, said in the statement. "We anticipate several additional local hires and recognize that Guernsey's stable, proportionate, and responsive regulatory approach complements our global expansion initiatives around captives, commercial management, and insurance-linked securities.

"To date, our interactions with regulators, as well as existing and new clients, have been extremely encouraging and provide us with confidence that an alternative to broker-led management offerings is very much welcomed," Mr. Bridgeman said.

Ms. Dandeker joins SRS from Willis Towers Watson (WTW), where, for the past 5 years, she held the position of account director. In that role, she was responsible for leading teams in all aspects of captive insurance management as well as providing technical, industry, and subject matter expertise and supporting the business from an operational perspective.

Prior to joining WTW, Ms. Dandeker held the position of senior manager at PricewaterhouseCoopers in the Channel Islands, managing teams that specialized in captive insurance and private equity audits.

Mr. Nash joins SRS after 27 years with Artex Risk Solutions (Guernsey) Limited, where he held the position of client insurance manager. At Artex, he was primarily responsible for the provision of technical insurance advice and services to a number of captive insurance clients, including those engaged in the global natural resources, international finance, legal, and logistics industries.

He also ran a protected cell company that acted as a commercial reinsurer providing a range of niche reinsurance products to specialist insurers in the UK market.