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This profile was last updated on 5/11/15  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. George V. Rusu

Wrong George V. Rusu?

Chairman and Chief Executive Offi...

Captive Resources, Inc.
Phone: (847) ***-****  HQ Phone
Email: g***@***.com
Captive Resources LLC
201 East Commerce Drive
Schaumburg , Illinois 60173
United States

Company Description: Captive Resources' (CRI) mission is to provide companies the opportunity to control their insurance costs through the creation and oversight of member-owned group...   more
Background

Employment History

14 Total References
Web References
Captive Insurance Agent | Captive Resources
www.captiveresources.com, 13 Feb 2015 [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.
"In the very challenging economic climate ...
www.captive.com, 26 July 2012 [cached]
"In the very challenging economic climate of the past several years, Captive Resources' group captive model has become increasingly popular as companies sought to tightly control expenses - a trend we see continuing," said George Rusu, co-founder, Chairman and CEO of Captive Resources. "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," added Rusu.
Rusu noted that the company's strong, broad-based organic growth is partially attributable to the improving economy as existing member companies began to hire again and expand operations, and also to more favorable credit markets, but said that the majority has come from the addition of new captive members.
Captive Resources : Meet CRI's Leadership Team
www.captiveresources.com, 1 April 2011 [cached]
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 Rusu, co-founder, ...
www.mcmcpa.com, 30 Aug 2012 [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 ...
www.captivereview.com, 30 July 2012 [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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