Spring Named Actuarial Firm of the Year Again!

top actuarial firmIt was announced last night that Spring has once again been awarded the “Actuarial Firm of the Year” U.S. Captive Service Award.

The U.S. Captive Service Awards are awarded annually, by the industry publication Captive Review, to recognize “excellence in the delivery and management of captive insurance and celebrate innovation, commitment and expertise in the captive insurance field.” The awards were presented in a gala last night that kicked off the Vermont Captive Insurance Association (VCIA) annual conference in Burlington, Vermont.

This is Spring’s second time receiving this high honor. We also won it in 2013.

Our actuarial team assists organizations ranging from insurance carriers to Fortune 100 companies and their captives to local small businesses with critical services such as statistical and financial analysis, product development and pricing, growth strategy, reserving, financial projecting and compliance.

More info about our actuarial work can be found here.

“We are very grateful to the Captive Review judges and our industry peers for bestowing this prestigious honor on our team,” commented Steven Keshner, Spring Partner and Chief Actuary. “It is very heartening to see this growing group of talented actuaries recognized for their continual hard work and extreme client dedication.”

More information about the 2016 U.S. Captive Service Awards can be found here.

Spring Heads to Vermont for VCIA 2016

vcia 2016For the 13th consecutive year, the Spring captive insurance team is heading to Burlington, Vermont to sponsor and speak at the Vermont Captive Industry Association (VCIA) annual conference.

This year, the Spring VCIA contingent consists of Karin Landry, John Cassell and  Prabal Lakhanpal. The event will be held at The Sheraton Hotel and Conference Center in Burlington Vermont. VICA regularly attracts hundreds of industry professionals from across the globe.

Spring is proud to once again be a conference exhibitor. If you are heading to the conference, be sure to stop by our booth (#2) and say hi. We will be handing out plenty of goodies throughout the day and you will not believe what we are giving away this year as a raffle prize!

We are also very excited that members of Spring’s team will be participating in two educational sessions at VCIA this year. Managing Partner Karin Landry will be presenting a session titled “Captive Re-Feasibility Studies: Remake of a Classic.” In this session Landry and her co-presenters will examine the importance of conducting refeasibility studies on existing captives periodically and how to do so.

Spring Senior Partner, John Cassell will also be presenting at VCIA this year. Cassell’s session, titled “The Original Employee Benefit Captives: Where are they Now? “ is a discussion centered on Spring’s recent survey of the “pioneers” of benefit captive funding and how these original companies have fared years later.

VCIA runs from August 9-11. For more information on the VCIA conference can be found on their website.

Spring Shortlisted For 2 Prestigious Captive Insurance Awards

captive insurance awards

Image Credit: Captive Review

We were excited to find out that Spring has made the “short list” for two 2016 US Captive Services Awards.

The awards, presented by the highly regarded industry publication Captive Review, “recognize and reward those providers of captive insurance products and services who have outperformed their competitors and demonstrated the highest levels of excellence over the past 12 months.”

This year, Spring is nominated for Actuarial Firm of the Year and Employee Benefits Consultant.

In the past, Spring has been the recipient of a number of US Captive Services Awards including Actuarial Firm of the Year, Employee Benefits Consultant and Captive Professional of the Year.

The 2016 US Captive Services Awards winners will be announced on Monday, August 8th at the Hilton in Burlington, Vermont during the Vermont Captive Insurance Association’s (VCIA) annual conference. Spring’s Managing Partner, Karin Landry, and Senior Partner, John Cassell will also be presenters at the VCIA conference this year. We will have more info on that to come soon in an additional post.

The full shortlist can be found here. More information about the US Captive Services Awards can be found here.

Spring Partner to Present at DMEC 2016

dmec 2016DMEC is widely considered to be one of the premier human resource industry gatherings. This year, we are fortunate to have Spring Partner Karen English along with Jane Ryan from the Mayo Clinic, Trina Mouton from CenterPoint Energy and Patrick Leary, a health and productivity professional, giving a presentation titled “Ready or Not Workers’ Comp- Here We come!” Attendees of this session will learn how that risk can be avoided, and ultimately how to successfully bring risk management and benefits together for an integrated approach to disability, workers’ compensation, and leave at their organization.

This year’s DMEC conference will run from July 18-21 at The Hilton New Orleans Riverside.

If you are heading to the DMEC conference, be sure to stop by our booth #401 and sayhi to Karen and fellow Spring Partner Teri Weber. We will be handing out plenty of goodies throughout the day and you will not believe what we are giving away this year as a raffle prize!

More details about the event, including registration information can be found here.

Spring Once Again Named Power Broker

top employee benefits brokerWe are pleased to announce that Risk & Insurance has honored two Spring Partners in their Power Broker award series for 2016.

Spring Managing Partner Karin Landry has been named a 2016 Power Broker and Spring Partner and Integrated Disability Management Team Lead Karen English, has been named a 2016 Finalist by the magazine. Landry’s award is in the Employee Benefit category and English was named in the Workers’ Compensation category.

The Power Broker designation recognizes “creative risk solutions, industry knowledge and superior customer service.”

“We couldn’t be prouder that two members of our team have received such distinction,” remarked John Cassell, Spring Senior Partner. “It is great to see that their hard work and dedication to developing innovative solutions for their clients has been recognized with high honor.”

Walpole Lyons 50th AnniversaryLandry has over 25 years of experience in the insurance, health care, risk financing, retirement and benefits industries. She is an internationally recognized leader in captive insurance strategy, benefits and financing. She is Past-Chairman of the Board of The Captive Insurance Company Association and a member of the ERISA Industry Committee and was recently appointed to the Board of Directors for Fallon Community Health Plan. She is also a Professor of Employee Benefits and member of the finance committee for the International Center of Captive Insurance Education part of the University of Vermont. Karin’s expertise around benefits allowed her to co-author a white paper for Business Insurance Magazine titled “Captives for Benefits: How to Use a Captive to Save Money and Enhance Benefits Coverage”, which is currently a top seller. Both Vermont and the US Virgin Islands asked Karin for input and guidance with their recent legislative changes. Prior to joining Spring, Karin was President of Watson Wyatt Insurance & Financial Services in the United States and Head of the Health & Welfare division for the eastern region.

Walpole Lyons 50th AnniversaryEnglish has over 20 years of experience in the P&C and health & welfare arenas with an emphasis on product development, risk financing, process improvement and project implementation. She provides strategic direction, quantitative & qualitative analysis and implementation expertise for workers’ compensation, disability, absence, health and productivity programs that allows her to routinely work with alternative risk financing vehicles such as captives. She is currently on the Executive Advisory Board for the Disability Management Employer Coalition (DMEC), where she recently was awarded the Partnership Award, the organization’s top annual honor. Prior to joining Spring, Karen was a Senior Consultant with Watson Wyatt’s US Insurance & Financial Services division, a risk manager with US Bancorp and a P&C broker for both Marsh and Aon.

Upcoming Webinar: Results of the 5th Annual DMEC/Spring Leave Management Survey

Leave Management surveyPlease join Spring Partner and Head of our Health & Productivity Team, Karen English for an upcoming webinar that explores and analyzes the results of our 5th annual leave management survey which is co-sponsored by the Disability Management Employer Coalition (DMEC).

The results are in for the 5th annual survey of employer leave management practices and challenges. Hear from over 900 employers on how they manage all types of leaves. Spring has partnered with DMEC to understand employer challenges in managing all types of leaves, including Family and Medical Leave Act (FMLA), state family and medical leaves, military leave (USERRA), state military leave, jury duty, other state mandated leaves, municipal/county leaves, and other company specific leaves (e.g., bereavement, administrative, personal leaves).

You will also receive tips for best practices identified in the survey and as identified by industry experts in absence management.

The webinar will take place on Thursday, February 4th at 12pm ET and can be accessed here.

The webinar costs $29.95 for non-DMEC members to attend, but if you sign up to receive our Spring Newsletter using the form below, we will give you a discount code that will enable you to attend for free!

More info about Spring’s Industry and Employer Surveys can be found here.

Spring Consultant to Present at Captive Insurance Educational Conference

captive insuranceIt was recently announced that Spring Head of New Market Development and Senior Consultant, Peter Bandarenko, would be presenting at this year’s prestigious 4th Annual Captive Insurance Conference presented by the American Conference Institute.

This year’s conference will run from May 2-3, 2016 at the Carlton Hotel on Madison Avenue in New York City. The event regularly attracts the top echelon of the captive insurance industry and serves as a great educational session for all levels of industry experience. This is the second year in a row that Bandarenko will be a presenter.

More information on the presentation can be found in this downloadable pdf.

Spring Managing Partner Ranked Among 10 Most Influential in Captive Insurance Industry

captive insurance awardSpring is proud to announce that managing partner, Karin Landry has been named by Captive Review to the publication’s “Power 50” list for 2015.

The Power 50 list is widely considered as a “who’s who” listing of the captive insurance industry. It includes influential consultants, regulators, industry pioneers and thought leaders. Within the list, the judges rank the top 50 most influential professionals for the concluding year and Landry was ranked #10 this year.

Landry and her counterparts on this year’s list will be featured in the February edition of Captive Review.

We couldn’t be more proud for Karin and our entire captive team of consultants and actuaries. Here’s looking to continued success as we head into 2016!