SRS Luxembourg has been appointed captive manager for DEME Reinsurance SA, providing all-inclusive management and consulting services from 1 July, 2023.
DEME Reinsurance was originally established in 2011 and is owned by DEME Group, a large contractor in offshore energy, environmental remediation, dredging and marine infrastructure.
“We are delighted to work with SRS going forward and together further develop the DEME captive,” said Lodewijk Beeckaert, DEME’s insurance director.
The company also engages in offshore wind, marine infrastructure, green hydrogen, and deep-sea mineral harvesting.
“We are delighted to start providing all-inclusive management and consulting services to the DEME Group,” said Maxime Schons, SRS Luxembourg managing director.
“Deme Reinsurance is the typical captive we love to work with, because key concepts are well captured: risk diversification, long-term captive optimization, and risk financing planning, use of technology, overseen by talented people.”
Strategic Risk Solutions opened its Luxembourg office in August 2020, led by Brian Collins and Schons.