SRS expands underwriting capabilities with new hire

Andy Hulme has joined captive management and consulting services firm Strategic Risk Solutions (SRS) to provide underwriting support to SRS clients globally.

He was most recently chief underwriting officer for Builders Insurance Holdings, an insurance and reinsurance subsidiary of Hochtief, Germany’s largest construction company. Prior to that, he served as EVP of JLT Insurance Management in Bermuda and London.

According to SRS, the move is an expansion in underwriting capabilities and services. “We are committed to providing services that help our captive clients be successful and deliver the most value to their owners. Andy brings extensive experience in structuring and underwriting a broad range of coverages for captives. His expertise will help our clients both in Europe and globally gain more from their captives,” said Brady Young, president and CEO of SRS.

Mr Hulme, who will be based in the UK, said: “I am excited to be returning to the captive management industry and working with a variety of clients to solve their risk financing needs. SRS has built a strong captive business, particularly in North America. I am looking forward to expanding the firm’s underwriting and advisory services and growing the presence in Europe.”

Richard Daley, managing director of SRS Bermuda, added: “I worked with Andy at JLT in Bermuda and have tremendous respect for the creativity he brings to designing captive programmes. His skills will complement SRS’s existing US-based advisory services, allowing us to expand the depth of those services and bring a unique combination of captive management services to our clients domiciled in Bermuda and elsewhere.”