Captive Review has published, for the first time, an industry-wide Hall of Fame recognising the most influential individuals the captive insurance industry has produced, or been served by, over the past 50 years.
There are thirteen inductees to the first edition of the Captive Review Hall of Fame, which will be reviewed and added to each December.
Commenting on the initiative, Captive Review editor Richard Cutcher said the magazine aimed to provide a global perspective and recognise those individuals who have shaped and driven the captive journey over the past half century.
“The captive insurance industry has been blessed by innovative and forward thinkers ever since Fred Reiss set up Steel Insurance Company of America in 1953,” Cutcher said.
“This industry-wide Hall of Fame is the natural evolution from the increasingly popular Power 50 list that we will continue to publish every year. Once an individual graduates to the Hall of Fame, however, they are deemed beyond the reach of the Power 50 and will have permanent residence in this new exclusive club.”
The thirteen inductees this year are made up of nine Americans, three from the United Kingdom and one from Continental Europe.
Of those Hall of Fame inductees below, two are no longer with us – Fred Reiss, who passed away in 1993, and Edward Meehan, who passed away in 2014.
Captive Review welcomes future nominations for the Hall of Fame, with the next list of inductees to be announced in December 2017. The 2016 inductees are listed below.
A career that spans three decades and three of the leading captive insurance domiciles has given Malcolm Cutts-Watson a broad perspective on the past and a sophisticated outlook on the future of the alternative risk industry. He worked for Johnson & Higgins from 1982 to 1993, first in Bermuda and then Vermont, before joining the Willis captive practice in Guernsey in 1994. He retired as chairman of Willis’ international captive practice in 2014. He won the coveted Outstanding Contribution by an Individual award at the UK Captive Services Awards in 2015. Cutts-Watson’s consulting practice in Guernsey is proving successful, providing him with the opportunity to share his expertise with a range of service providers and emerging domiciles while still engaging with the industry that he loves.