January 3, 2017 (Houston, TX) - Capstone welcomes Steven Lonergan, CPCU to its team as Director of Business Development - Midwest. Lonergan brings over 30 years of insurance, reinsurance, and captive experience to Capstone.
Lonergan is based in the greater Minneapolis area, expanding Capstone's local presence into the Midwestern markets.
“We’re excited to have Steven on board to assist clients on captive insurance / alternative risk planning opportunities,” commented Capstone’s CEO, Stewart A. Feldman. “Steven brings a wealth of captive insurance knowledge to our company, bolstering our talent pool. Capstone will continue to hire the industry’s best professionals to spearhead our turnkey captive programs.”
Lonergan holds the Chartered Property & Casualty Underwriter (CPCU) professional designation and is a licensed Minnesota agent for Property, Casualty, Life, & Health insurance.
Lonergan was the managing director of General Motor’s captive, General International Ltd in Bermuda, and also has a strong background in Property and Casualty as well as Accident & Health reinsurance. He will be working to expand Capstone’s reach in health related captives, an area we see as a significant growth opportunity as the regulatory landscape evolves in 2017.
"In just the last few weeks, we’ve seen the benefits of having Steven Lonergan on our team," commented Feldman. "His experience and knowledge of captive insurance planning have had a direct and positive impact on relationship-building and new-client onboarding. We look forward to Steven’s contributions in the months and years to come.”
In furtherance of Capstone's continued growth, Lonergan will concentrate on establishing new business relationships for the Company, connecting directly with mid-market business owners and their advisors.
Steven Lonergan holds a B.A. in Economics and Psychology from Macalester College.