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Wrong George Rusu?

Mr. George V. Rusu

Co-Founder, Chairman and Chief Executive Officer

Captive Resources LLC

Direct Phone: (847) ***-****       

Email: g***@***.com

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Captive Resources LLC

201 E. Commerce Drive

Schaumburg, Illinois 60173

United States

Company Description

Captive Resources, LLC is an independent captive consulting company dedicated to empowering businesses to control their insurance costs and develop organizational cultures that exemplify the very best safety and loss prevention practices. For over thirt ... more

Find other employees at this company (195)

Background Information

Web References (18 Total References)

Leadership | Captive Insurance | [cached]

George Rusu, CPCU, Chairman and CEO, co-founder of CRI, has led the company's growth for over 30 years. George is responsible for the overall representation of Captive Resources to its captives and strategic oversight and direction of all CRI operations, including acquisitions. He has served as a director of numerous companies, including CRI's Captive Investors Fund, and industry associations.

Captive Insurance Agent | Captive Resources [cached]

George Rusu (Chairman & CEO)

George Rusu CPCU, Chairman & CEO, co-founder of CRI, has led the company's growth for more than 20 years. He has served as a director to numerous companies including CRI's Captive Investors Fund and to industry associations.

George ... [cached]

George Rusu

George Rusu Chairman and CEO - Captive Resources, LLC

George Rusu, co-founder, ... [cached]

George Rusu, co-founder, chairman and CEO of Schaumburg, Ill.-based Captive Resources L.L.C., said group captives the consultant established on behalf of middle-market clients have reached combined premium volume exceeding $1 billion, with more than $220 million of the new premium added in the past 24 months.

Mr. Rusu attributed part of this growth to some improvement in economic conditions.
"If you look at the (profit and loss statement) of a midsize manufacturer, the third or fourth item is insurance, and that's one cost they can never really control," he said. "Captives enable them to control and predict these costs. People who have been in our captives for a while understand the loss model and can almost tell to the dollar what their costs will be in a year or two."
In some cases, these captive members even lower their costs because the programs emphasize loss control, Mr. Rusu added.

"The growth in our core business ... [cached]

"The growth in our core business has enabled our continued expansion into new areas to meet the varied needs of our clients, including 831(b) captives and health care stop loss insurance, and will support additional strategic initiatives in the future," said George Rusu, co-founder, chairman and CEO of Captive Resources. Rusu partially attributed the company's growth to the improving economy as existing member companies began to hire again and expand operations. He also cited more favourable credit markets, but said that the majority has come from the addition of new captive members.

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