NFP, a property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, has appointed Amanda Wescott as vice president, director of US captive management operations of the company’s Risk and Insurance Strategy Collective (RISC).
As part of RISC – a specialty practice that provides a comprehensive range of captive management solutions – Wescott will assist with the growth and advancement of risk management solutions for new and existing clients, while leading a team of captive insurance professionals.
She will collaborate with Kara Tencellent and Tracy Stopford, co-leaders of RISC, along with Jonathan McKenzie, head of US captive management operations, to advance operational and business development initiatives. She will report to McKenzie.
“Adding an industry veteran like Amanda will help us build on our momentum in the alternative risk solutions space,” said Stopford. “The breadth of her experience, depth of captive market knowledge and extensive industry relationships will help drive growth and enhance our ability to help clients identify and understand creative and innovative alternative risk solutions that align with their needs.”
Wescott brings to her new role over 15 years of captive and risk management experience, having recently served as vice president and senior client team leader at Marsh.
During her time at Marsh, she coordinated the efforts of client services teams, helped guide clients’ captive programs and worked with them through the captive formation process.
Additionally, Wescott is an active member of many trade associations and will continue to serve on various committees within the captive industry.
Commenting on her appointment, Wescott said: “I feel very fortunate to bring my industry experience and knowledge to this extremely talented and dynamic team.
“With an impressive foundation and shared vision for growing the captive practice, we will further differentiate the value we offer to clients, colleagues and industry service professionals we work with closely.”
