Brady Young has been named the most influential person in the captive insurance industry for the second year running.

CEO and chairman of Strategic Risk Solutions, Young claimed the top spot on the annual Power 50 list prepared by Captive Review, which publishes news about the risk management and captive insurance communities.

SRS is the world’s largest independent insurance company manager – and the fourth largest overall – with representation in Bermuda and other major captive domiciles.

“I am surrounded by a team of fantastic partners and colleagues who are on the front line everyday delivering great service to our clients,” Mr Young said. “This is a tribute to them.”

Peter Mullen, CEO of Artex Risk Solutions, claimed fourth spot on the list. Mullen, who has been in Bermuda almost 40 years, is one of the most experienced captive managers on the list.

He won the top award in 2017 and 2018. He placed second in 2019.

Jennifer Gallagher, who cofounded Artex with Mr Mullen and David McManus in 1997, is 15th on the list. She is president, North America with the organisation.

Their colleague, Adrian Lynch, is 24th on the list. Based in the Cayman Islands, he is executive vice-president – North America, Bermuda and Cayman Islands for Artex.

"We're honoured to be recognised as part of the world’s most powerful captive insurance professionals," Mr Mullen said.

"At Artex, we continually challenge ourselves to find better ways to manage risk and help our clients grow their business. I'm incredibly proud of our organisation.

“It is our ability to meld art and science that sets us apart. We foster an environment that breeds creativity and passion for designing client-centric solutions that solve for today and tomorrow’s challenges."

Nancy Gray, regional managing director, Americas, Aon Captive and Insurance Management, took sixth spot on the list. While based in Vermont, she oversees operations in the US, Bermuda, Cayman, Barbados and Vancouver.

Julie Boucher, practice leader Bermuda, Marsh Captive Solutions, claimed 11th spot.

David Gibbons, partner and captive insurance leader, PwC Bermuda, was 21st on the Power 50 list.

His PwC colleague, manager Danielle Moniz, was named to Captive Review’s “Ones to Watch” list. She is the only Bermudian-based professional on that list.

Paul Corver, group head M&A for Randall & Quilter, claimed 39th spot on the list. While based in London, he heads up M&A teams in Bermuda and the United Kingdom.

Nick Frost, president, Davies Captive Management was 42nd on the list. He oversees the management of over 150 captive and rent-a-captive programs.

Also on the list at number 44, is Brian Quinn, founding director, CEO and chief underwriting officer of Granite Management which specialises in employee benefits programmes. Quinn had prior experience building General Motors’ employee benefits captive.