SRS Altitude Names Head of ART for North America
Businesses and captive owners in North America gain a dedicated ART leader to build tailored risk transfer programs.
Updated on Nov. 3, 2026 in People
SRS Altitude, a managing general underwriter focused on Alternative Risk Transfer (ART) solutions within Strategic Risk Solutions, has appointed Joe Sullivan as Head of ART for North America. Sullivan stepped into the role on November 2, 2026, and will drive expansion of the firm's North American ART business.
Why it matters
The appointment reflects growing demand for ART and captive insurance solutions in North America, which affects how businesses structure risk transfer and risk financing. Sullivan's background in captive insurance and multi-line, multi-year risk arrangements signals a focus on more sophisticated client needs.
The announcement covers a single senior hire effective November 2, 2026, for the North American ART practice. The source provides no quantitative figures on the firm's ART volume, client count, or market share.
The players
SRS Altitude
A managing general underwriter within Strategic Risk Solutions that specializes in Alternative Risk Transfer solutions for corporate clients, brokers, and captive owners.
Joe Sullivan
Head of ART for North America, formerly Deputy Regional Head of ART, Americas at Allianz Commercial, with experience in captive insurance and multi-line risk financing.
Allianz Commercial
The commercial insurance arm of the Allianz insurance group, where Sullivan previously held the Deputy Regional Head of ART, Americas role.
The details
Sullivan will work with broker partners, corporate clients, and captive owners to develop tailored risk transfer and risk financing solutions. He previously served as Deputy Regional Head of ART, Americas at Allianz Commercial, and brings experience in captive insurance and managing multi-line, multi-year risk financial arrangements. Based in New Jersey, he will lead the firm's push to expand its North American ART offering.
Timeline
November 2, 2026: Sullivan stepped into the Head of ART role for North America.
Market Landscape
Alternative Risk Transfer and captive insurance structures have become a more common route for companies seeking tailored coverage beyond traditional commercial policies. The move of an experienced ART executive from a major global carrier to an underwriter signals continued competition for talent in this niche.
Operators who buy commercial coverage or work with captives should note that a dedicated North American ART leader is now in place at SRS Altitude. Businesses evaluating risk transfer structures may want to reassess broker relationships as underwriters expand captive offerings.
The takeaway
Expansion of ART capacity signals that more sophisticated risk financing options are becoming available to mid-sized and larger North American businesses. Operators should ask their brokers how tailored captive or ART structures could fit their coverage needs.
Further reading
For more on executive moves shaping the insurance and risk industry, explore the People section.
