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The COVID-19 Pandemic: Opportunities and Implications for Captive Insurance

The COVID-19 Pandemic: Opportunities and Implications for Captive Insurance

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The COVID-19 Pandemic: Opportunities and Implications for Captive Insurance explores the challenges presented by today's business and economic upheaval, as well as the hardening insurance market, and what it means for the captive insurance industry.

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Capstone Hires David Osbourn To Direct Captive Insurance in Northeast

Capstone Osbourne
October 17, 2017

Capstone has hired its sixth Chartered Property Casualty Underwriter, David Osbourn, as director of business development for the Northeastern United States. Mr. Osbourn brings over 35 years of insurance industry experience, including property & casualty, reinsurance, and captive insurance.

In his primary role, he will expand Capstone's reach in the Northeastern/Mid-Atlantic regions to educate middle-market business owners and advisers on the benefits of captive insurance planning. He will also engage businesses in a variety of industries on various captive insurance matters to help them cover risks more cost-effectively and promote better financial efficiency.

"It is an honor to have David on the team," said Stewart Feldman, CEO and general counsel at Capstone. "David's prior experience in property & casualty insurance and alternative risk planning aligns well with the expertise we value. David will be working out of our Pittsburgh, PA office, speaking to business owners, CFOs, and others about their risk coverage needs and about our outstanding track record in captive design, formation, and management."

Mr. Feldman continued: "Over almost 20 years, Capstone has continually supported clients using a multi-disciplinary approach to captive insurance formation and management. It is the only way to ensure that the planning is done right and in compliance with state insurance law and IRS rules. We're looking forward to growing our presence in the Northeast with David at the forefront."

Earlier in his career, Mr. Osbourn demonstrated exceptional insurance expertise at AON Risk Services as a senior broker and account executive. Mr. Osbourn also served in Dublin, Ireland, as the general manager of Noble Insurance Company and Noble Reinsurance Limited, captive insurance companies owned by H.J. Heinz.

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