SRS Taps Brad Meindersma To Lead Company's Expansion in Canada
September 21, 2022
Brad Meindersma has joined Strategic Risk Solutions (SRS) as the president of SRS Managers (Canada) Limited.
"We are excited to have Brad join us as we have many Canadian clients in various domiciles but decided it was an opportune time to have 'boots on the ground' locally to better serve our current and future clients based or with significant operations in Canada," Brady Young, SRS president and CEO, said in a statement. "We expect an uptick in activity, both new formations and re-domestications, given recent legislative changes and the opportunity to form domestic captives in British Columbia and more recently Alberta. Brad is the ideal person to build and lead our team in Canada as these domiciles gain traction."
"I'm happy to be part of SRS and look forward to collaborating with my new colleagues, clients, and all the new opportunities on the horizon," Mr. Meindersma said in the statement. "The growth potential at SRS is very exciting. Diving into the legislation and coordinating the setup of Alberta and British Columbia insurance management operations is a great beginning. SRS has such a well-respected reputation and growing the business into Canada to provide customized services is the logical next step."
As a former senior vice president for Marsh Bermuda and executive vice president at JLT Insurance Management, Mr. Meindersma has worked directly with and advised senior executives from midsized to Fortune 50 companies.
Mr. Meindersma has acted as a client account executive, a captive board member, and as an underwriting committee and/or investment committee member. He's also been involved in client prospecting and sales management, setting up captive and commercial insurers, and coordinating the A.M. Best rating process, as well as serving as liaison to external service providers for a variety of captive and commercial insurance clients.
SRS provides management and consulting services to a wide range of insurance company entities, from single-parent captives to complex commercial insurers and reinsurers. SRS has operations in the United States, Canada, Europe, Barbados, Bermuda, Cayman Islands, and South Africa.
September 21, 2022