Peter Mullen, the CEO of Bermudian-based Artex Risk Solutions, is among three executives inducted into the Captive Review Hall of Fame.

Brady Young, the CEO of Strategic Risk Solutions, the independent insurance company manager with an operation in Bermuda, and Courtney Claflin, who now runs Fluid Truck’s captive, join Mr Mullen as 2023 inductees.

Mr Mullen is one of the Bermuda industry’s best-known captive leaders, having led two of the largest captive operations in the world.

Starting his insurance career more than 30 years ago, it was during his stint in Gallagher’s Bermuda office that he first made his mark, helping to found Artex in 1997.

Mr Mullen left to become global CEO of Aon Captive and Insurance Management in 2011, before returning to Artex in 2019 to assume the role of CEO.

Captive Review said: “In dictating how two of the largest captive managers are run, very few can match the influence he has had.”

Mr Young was a founding member of SRS in 1993 and then led the management buy-out of the company to establish it as an independent entity in 2002.

Captive Review said: “(Mr) Young has been chairman and CEO of SRS ever since, leading the company on its journey to become one of the largest captive managers in the world, standing toe to toe with all the major global broking houses.”

Mr Claflin, who now runs Fluid Truck’s captive, has been the principal architect of numerous single-parent, group, health insurance and association captives, and was 2016 captive professional of the year.

Captive Review said: “One of the most popular characters in the captive industry, Courtney Claflin has a lengthy resume of designing unique and customised risk-financing arrangements.”

The Captive Review Hall of Fame was launched in 2016 to recognise the most influential and respected figures to have left their mark on the captive industry.

It now includes 36 inductees.