Strategic Risk Solutions, the world’s largest independent insurance company manager, has appointed Ron Sulisz to the role of president of the global firm, effective May 15.

He will report to Brady Young, who will remain as CEO of the company.

Mr Sulisz will also serve on the board of Strategic Risk Solutions Inc.

The company said he has been with SRS for 18 years and is currently CEO of SRS Cayman, having helped establish SRS as the leading captive manager in the domicile.

Jenny Pooley will be assuming the role of CEO in Cayman.

Mr Young said: “As we continue to grow and expand, I recognised we needed more focus and resources to support operations and Ron will be perfect to lead this effort and focus on the corporate side of SRS, heading up the internal financial, operations, human resources, and information technology teams.

“It will allow me to focus more on strategy and supporting our operating units and ensuring we maintain our customer focus."

Mr Sulisz said: “I’m excited for this new chapter at SRS, and although I will be shifting responsibilities to Jenny, I’m remaining in the Cayman office, and available to my clients and the relationships that I’ve built over my years at SRS.”

The company said Ms Pooley will focus on the management and supervision of client accounts, including financial and regulatory reporting and special assignments related to SRS’ captive management programme in the Cayman Islands.

“Jenny has shown amazing leadership and knowledge in her 13 years at SRS Cayman,” said Mr Sulisz. “She will transition very naturally into this role and the team in Cayman are excited for her in this new opportunity.”

In addition to Bermuda and Cayman, SRS has operations in the United States, Europe, Barbados, Canada, and South Africa.