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Prominent Risk Leaders Join Expanding Team Focusing on Captive Governance and Performance
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NEW YORK, March 9, 2017 -
Hanover Stone Partners, a risk management services firm with expertise in a broad range of critical risk disciplines, today announced the appointments of John R. Capasso, Jerry K. Ferris, Jr., and Evan Busman as senior risk advisors.
The three executives, who add to the firm's depth of talent in captive insurance, join the leadership team of Hanover Stone Partners Captive
Guard
SM, the firm's specialty practice providing governance and related advisory services for captive insurance companies and their parent organizations.
"Even as the commercial insurance market continues to offer competitively priced policies, businesses, industry associations and government entities remain committed to alternative risk transfer solutions, including captives," said John J. Kelly, founder and CEO, Hanover Stone Partners. "To meet their expanding needs, we are continuing to build our specialty practice focusing on captive governance and performance by adding the industry's leading professionals in this area. John, Jerry and Evan all bring extensive experience in captive insurance and we are delighted to welcome them to our team."
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John Capasso, senior risk advisor - New York. A Certified Public Accountant (CPA), Mr. Capasso has more than 15 years of experience in all areas of alternative risk financing. He concurrently serves as president and chief executive officer of Captive Planning Associates, LLC and is a member manager of Captive Planning Resources, LLC. A member of the American Institute of Certified Public Accountants, the New York State Society of CPAs, the Captive Insurance Companies Association, and the Self-Insurance Institute of America, he also serves on the board of the Delaware Captive Insurance Association.
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Jerry Ferris, senior risk advisor - Dallas/Fort Worth. A risk management professional with nearly four decades of experience, Mr. Ferris has led risk management, safety and claims management at several corporations. Most recently, he was director of Risk Management at Petco Animal Supplies. Previously, he was vice president, Risk Management for Kinetic Concepts, Inc., a $2.3 billion medical devices company with operations in 23 countries. For 12 years, he served as vice president, risk management for Luby's Cafeterias, Inc. During his career, he also was director, Clams Management at Valero Energy Corp. and safety and claims manager for Kentucky Fried Chicken. He earned a B.S. degree in education from Texas State University and holds the Associate in Risk Management (ARM) professional designation.
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Evan Busman, senior risk advisor - Atlanta. A risk management consultant with more than 25 years of experience, Mr. Busman is widely recognized for his expertise in the design and implementation of non-traditional risk-financing arrangements, including single-parent and group captives and formal decision-support modeling. Previously, he was a senior consultant for a global risk management consulting organization and Midwest leader of the Advanced Risk Solutions unit of a global insurance services firm. A frequent speaker on various risk management topics, Mr. Busman earned a B.B.A. degree with a major in accounting from the University of Georgia and an M.B.A. degree from Georgia State University.
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About Hanover Stone Partners
Hanover Stone Partners is the first network of recognized and accomplished risk management advisors and specialized risk management services firms. The firm assembles multi-disciplinary, cross-industry teams that work collaboratively to help clients identify, analyze, manage and finance enterprise risks. This comprehensive approach offers clients the advantage of superior risk management advice and risk management services, delivered more economically. Hanover Stone Partners evaluates existing risk programs, guides enterprise risk management initiatives, implements new strategies, and provides unbundled services that help clients reduce the total cost and volatility of risk, protect earnings, and preserve liquidity for their enterprises.
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© 2017 Hanover Stone Partners, LLC
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