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Event Profile

Aidan Joo
Organization: Marsh Captive Solutions


Aiden Joo is the Head of North America, Alternative Risk Transfer Group at Marsh, focusing on alternative risk transfer (ART). He is based in the New York City office. In this role, he is responsible for managing and leading the ART Group in coordinating the delivery of all of Marsh’s ART resources to clients, supervising client teams, developing marketplace strategies, and crafting solutions for unusual business and insurance risks. Aiden’s expertise with clients’ complex risk financing and management needs includes the design of both traditional and alternative risk programs, such as Bespoke Risk Transfer, Performance Warranty Insurance, Structured Risk Programs, Integrated Programs, Parametric Solution and Non-Damage Business Interruption. Aiden joined Marsh in October 2019 with more than 17 years in the underwriting business. He has designed and delivered ART solutions that address the needs of large and sophisticated corporate clients. Aiden’s previous experience includes leading ART businesses for major insurers and collaborating with business units on ART opportunities where traditional (mono-line) insurance was not viable. In these roles, he developed integrated insurance programs (multi-line/multi-year), structured insurance programs (risk financing), parametric programs, and bespoke risk transfer programs. Aiden also provides technical underwriting expertise, especially for Integrated Risk Programs, Structured Programs, cyber, management liability and brings an ext


David Provost
Organization: State of Vermont, Department of Financial Regulation


Mr. Provost is Deputy Commissioner of the Captive Insurance Division of the Vermont Department of Financial Regulation; responsible for the administration and regulation of captive insurance companies and risk retention groups. He has been with the Division since 2001, and was appointed Deputy effective June 1, 2008. Mr. Provost has a total of 20 years in the captive insurance field in both the private and regulatory arenas. He has handled client services, accounting, systems management, marketing, and captive formation for the captive insurance management arms of AIG, Sedgwick, and Johnson and Higgins. He has served as Treasurer of the Vermont Captive Insurance Association and has been an energetically involved figure in the captive industry. Mr. Provost is a Certified Financial Examiner, and a graduate of Champlain College and the University of Vermont.


Marcus Schmalbach
Organization: RYSKEX


Dr. Marcus Schmalbach is Founder and CEO of RYSKEX Inc. He has a long-standing experience in risk and captive management in various industries. Before the founding of RYSKEX he was Head of a German MBA program. He is still working as a professor on innovation and new technologies at the ESCP Business School in Berlin and is also academic head of BlockART institute with a research focus on, parametric solutions, blockchain technology and the impact of AI on the captive value chain.


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