Henry Stiller from USAA and Andrew Marson of SRS present the history of captive insurance in Texas from the perspective of a captive owner and a captive manager. How it all started in Texas, why should you form or move your captive to the lone star state and how you would go about doing it.
With a long history in the captive industry in various domiciles and for different organizations Henry and Andrew can offer a detailed and balanced perspective on the current state of the captive insurance industry in Texas, how it has evolved from its beginning in 2013 where the law stands today and how this compares to other domiciles.
Andrew is responsible for the management of a portfolio of single parent and group captive in the western US region. Andrew manages the firm’s activities in Texas and provides support to other central time zone domiciles including Oklahoma and Missouri. His client activities include the preparation & review of financial statements, regulatory filings, NAIC filings & coordination of external audits & examinations. He also supervises junior accountants on accounts. Andrew joined SRS in 2010 and has over 15 years’ captive audit & management experience. Previously, Andrew worked for Marsh Management Services in Cayman managing primarily healthcare industry captives. He also worked as an audit senior at Grant Thornton in Cayman, primarily auditing captives, and as a BDO audit senior for 8 years in the UK.