With over 35 years of experience in the risk management field, Ed provides support to
corporate insurance buyers in program design and retention analysis, cash flow analysis,
transaction design, and departmental organization, across a broad range of industry
sectors. He has significant experience in designing and implementing alternative
insurance risk structures, including captives, self-insured programs, risk retention
groups, and franchisee insurance programs.
Ed frequently participates on M&A due diligence teams in evaluating risk management
and insurance programs of target companies, and nearly always in cases where a captive
insurer is involved. He has provided M&A due diligence services to private equity
investment firms, as well as for strategic combinations, working in a wide range of
specialized coverage areas as well as more traditional property and casualty coverages.
Ed has also led “Day One Readiness” teams for both strategic mergers and
Ed has led risk assessment and enterprise cost reduction projects for numerous clients in
the manufacturing, health sciences, higher education, and public sectors, reviewing the
risk identification, risk retention and insurance purchasing functions, and devising goforward
strategies for the risk and insurance function as well as its interactions with
internal customers and the commercial insurance market.
Prior to joining BDO in 2020, Ed spent nearly 18 years with Deloitte Consulting in a
similar role. Before that he was with Marsh & McLennan for many years, devising
placement strategies for alternative risk products, designing and managing captive
insurance programs for corporate and healthcare clients, and managing the casualty
consulting group in New York. Ed also served as risk manager for Director of Risk
Financing for American Express Company, where he managed the operations of two
captives and devised the firm’s risk retention and funding strategies.
Ed has authored many articles on the subject of risk financing and captives, and speaks
frequently on the subject. He served for six years on the Board of Directors of the
Vermont Captive Insurance Association, and remains active on its committees. He was the 2019 recipient of VCIA’s “Captive Crusader” award, in recognition of his service to the captive industry.
M.B.A., Finance, New York University Graduate School of Business Administration
B.A., Economics, Columbia University