Advantage Insurance has promoted Christina Kindstedt to president of Advantage Insurance Management (USA) LLC.
The independent captive manager provides services in the United States and offshore and has offices in Florida, South Carolina, Cayman Islands, Puerto Rico and Texas.
Kindstedt recently told Captive Intelligence that Advantage is considering further expansion by establishing offices in Tennessee and North Carolina, having recently set up shop in Bermuda.
After fourteen years at Willis where she built and led its Risk Retention Group (RRG) practice, Kindstedt joined Advantage Insurance in 2017 to open its office in Vermont.
“We recognise Christina’s contribution and are thrilled to give her an elevated platform to do more,” said Advantage CEO William Buell.
“With her new responsibility to develop and execute growth strategies, we expect Christina to replicate her past successes and take Advantage to the next level in the alternative risk transfer industry.”
Kindstedt believes one of the key reasons behind the company’s growth is its policy to not outsource work and instead keep its functions in-house.
Since her appointment, Kindstedt has built a team of seasoned professionals to manage all types of alternative risk transfer vehicles with total annual premium exceeding $3bn.