Sunday, May 5, 2024

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GCP Short: Evolving from pure captive to commercial venture

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John Morrey, Stonefort Group
Bertrand Gilson, Stonefort Group
Koenraad Everaert, Stonefort Group

In this GCP Short, produced in partnership with the Stonefort Group, listeners will be introduced to the unique evolution and service offering of a Luxembourg single-parent captive into a commercial venture that today offers direct insurance services, reinsurance capacity and captive management.

Stonefort began life in 2000 as Builders Re, a reinsurance captive owned by German multinational construction giant Hochtief AG, but has written third party business since the beginning and the entrepreneurial spirit has only grown over the past 20 years.

Richard is joined by three of the experienced captive professionals behind Stonefort for a 20 minute discussion that was recorded at the European Captive Forum in Luxembourg on 10 November. They are CEO John Morrey, Chief Insurance Officer Koenraad Everaert and Head of Marketing Bertrand Gilson.