Strategic Risk Solutions, the independent insurance company managers with an operation in Bermuda, has appointed Maxime Schons as managing director, European finance and compliance, in the company’s Luxembourg office.

The company said Mr Schons, who joins SRS on September 1, will also serve on the executive committee of SRS Europe Operations and will be appointed to the SRS Europe board of directors.

Brady Young, president and CEO of SRS, said: “We are delighted to welcome Maxime to SRS. He adds strong compliance and operational expertise in Luxembourg and across our European operations and will be a key member of our European team.

“While Maxime will be placed in Luxembourg, his role has a pan European focus. We are seeing strong growth in Europe, both in new formations and takeovers, and the continued addition of senior personnel in our European domiciles is in response to the demand.

“Delivering superior client service, particularly during periods of growth, has been a hallmark of SRS. We intend to continue this approach in Europe with the addition of high quality expertise in the local domiciles to meet our growing client servicing needs.”

The company said Mr Schons joins SRS from Risk and Reinsurance Solutions SA where, for the past five years, he has been chief operating officer.

SRS provides management and consulting services to a wide range of insurance company structures, from single parent captives to complex commercial insurers and reinsurers.

It has operations in Bermuda, the United States, Europe, Barbados, Cayman Islands and South Africa.