The world’s largest independent insurance company manager, Strategic Risk Solutions, which has operations in Bermuda, has appointed Marc D. Kutter as its chief business development and marketing officer.

Mr Kutter will have global responsibility for sales and marketing activities within SRS, including continued development of the firm’s existing businesses and partner relationships and the coordination of go-to-market strategies for expansion into new service and geographical areas.

“Marc has the energy, personality, and talent that fit our vision for the CBDMO role," said Brady Young, chief executive officer of SRS. “I believe he will be a great leader and will fit well within the SRS culture.”

Prior to joining SRS, Mr Kutter held various roles including chief growth officer at Benefits Science Technologies, managing partner at Dietrich Partners, and VP of Broker Sales at AFLAC.

He also served in the US Army’s elite 18th Airborne Corps after completing his education at the United States Military Academy in West Point, New York.

“I’ve worked with the SRS team on various initiatives over the last eight years”, said Mr Kutter. “Their professionalism and 99 per cent client retention are truly impressive.”

The position will be effective from late November.