Exclusively Serving Medical Stop-Loss Captives

MSL Captive Solutions provides consultative underwriting support to some of the industry’s leading stop-loss carriers.

About MSL Captive solutions

We are an independent underwriting firm and work with select program managers, brokers, consultants, and captive managers to build proprietary group and single-parent captive programs.

We provide stop-loss captive underwriting management to several of the world’s leading stop-loss carriers and can develop customized captive programs with each carrier. Every group captive program that we help develop is highly tailored to meet the specific risk, financial and competitive positioning objectives of our clients.

The exclusivity of our carrier relationships and our limitation to select production partnerships help minimize the potential for distribution channel conflicts and significantly enhance your group captive’s market identity and competitive positioning against the “more ubiquitous” captive carriers and programs.


Andrew Berry


Andrew has more than 30 years’ experience in the insurance, captive and risk management industries. As President of MSL Captive Solutions, he is responsible for the strategic direction of the company, business development, carrier relations, and operations.

Prior to assuming this role, Andrew was Chief Operating Officer for Strategic Risk Solutions leading the development of the operational infrastructure of the firm supporting SRS’s growth and expansion as well as managing the firm’s marketing strategy. He previously served as a captive consultant with the company from 2003. Prior to SRS, Andrew was Co-Founder, President, and COO of GRX Technologies, an industry leader in the development of collaborative technologies streamlining the management of large commercial insurance programs. He started his career as an insurance broker in the London and UK retail brokerage markets, before spending nine years as a risk management consultant with Tillinghast – Towers Perrin in London and Boston.

Andrew holds an MBA from Babson College with a concentration in Entrepreneurship and a bachelor’s degree in Industrial Economics from the University of Nottingham in the UK.

Sue Russo

Chief Underwriting Officer

Sue is Chief Underwriting Officer for MSL Captive Solutions overseeing all quoting, policy administration and claims administration activities. She has extensive stop loss underwriting experience specifically underwriting captive insurance programs. Sue previously led the successful launch of a middle market initiative for Voya including the development of a dedicated underwriting team and interaction with the sales team and partners. Prior to Voya, Sue was Underwriting Manager at Roundstone Management, Ltd, a leading medical stop loss captive program manager and MGU. At Roundstone, Sue oversaw the underwriting of Roundstone’s captive programs and the management of the firm’s underwriting team.

In addition to Voya and Roundstone, Sue has stop loss underwriting experience at Medical Mutual of Ohio. She was also a Senior Benefits Advisor at Oswald Companies providing her with both broker and underwriting stop loss experience. Sue holds a Bachelor of Business Administration from Kent State University and an MBA from Cleveland State University.

David Sykes

Chief Financial Officer

David has more than 30 years’ experience in financial management for a range of insurance entities, including captives, commercial reinsurers and service companies. Most recently he served as Managing Director of Strategic Risk Solutions Bermuda where he led the insurance management operations for SRS for over a decade. His extensive experience includes managing the accounting and reporting requirements for many group captive programs underwriting both employee benefits and property & casualty risk.

David is a member of the Institute of Chartered Accountants of England and Wales and an Associate of the Chartered Insurance Institute. He holds a Bachelors of Science degree in Applied Mathematics from the University of Warwick in the United Kingdom.

Meredith Watson

SVP Lead Underwriter

Meredith’s experience and expertise with developing and maintaining process and guidelines for underwriting lends itself very well with the existing MSL Captive Solutions team. She will continue the underwriting development with program managers and brokers for new and existing captive programs.

Wanda Washington

Senior Claims Examiner

Wanda is a senior claim examiner with more than 10 years of experience. From starting in the industry as an underwriting administrator to claims administrator, landing as a claim examiner, she has seen all aspects of stop loss. Her ability to analyze and resolve complex claims in a timely and efficient manner adds to her commitment to outstanding customer service to our clients.

More Information

Learn more about how MSL provides comprehensive solutions for Medical Stop Loss Captives