Risk Management Company Hanover Stone Partners Announces New Senior Advisors

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Hanover Stone Partners, the first network of leading risk management consultants, specialized risk management services firms, and specialty brokers, has added three new members to its ranks, further expanding its reach across industries and risk specialties.

I’m thrilled to have so many distinguished names in our industry join Hanover Stone Partners. These individuals are unrivaled in their hands-on experience advising and managing complex, high-profile risk management issues.

Hanover Stone Partners, the first network of leading risk management consultants, specialized risk management services firms, and specialty brokers, has added three new members to its ranks, further expanding its reach across industries and risk specialties. Paul Buckley, Len Crouse, and Edward Troy have joined the network, lending their collective experience in risk management for both Fortune 500 companies and at the world’s best-known risk management organizations.

“I’m thrilled to have so many distinguished names in our industry join Hanover Stone Partners. These individuals are unrivaled in their hands-on experience advising and managing complex, high-profile risk management issues,” said John Kelly, Managing Partner, Hanover Stone Partners. “Recent natural disasters and political upheavals have demonstrated the immediate and critical need for risk management evaluations and recommendations in every area of commerce, and these senior advisors bolster our superior capability to help clients navigate through these uncertain times.”

New Hanover Stone Partners Senior Advisors:

Paul F. Buckley specializes in engineering and re-engineering risk management programs and processes, building from overall objectives. While Director of Risk Management and President of Lucent’s captive insurance firm, Paul built risk management infrastructure for the company and all its subsidiaries, and was named Risk Manager of the Year by Business Insurance. Paul also specializes in creating and implementing non-traditional, unique risk financing strategies and solutions and in addition to his background in insurance and finance, he also has deep experience in litigation support and management, loss control and claims, having built and led AT&T’s corporate claims organization. In 2007, while Vice President of Risk Management at Tyco International, Paul was named Risk and Insurance’s Innovator of the Year in Manufacturing. He has received numerous other industry awards in loss control, litigation management, and risk management.

Len Crouse is one of the most respected and recognizable names in the captive insurance industry, and is often credited with being the “father of modern captive insurance” in the United States. Len has worked with corporations of all sizes around the world to create some of the most sophisticated and successful captive structures. During his tenure as Deputy Commissioner of Captive Insurance for Vermont’s Department of Insurance, Len licensed hundreds of captives. At the time of his departure in 2009, Vermont was domicile to more than 800 licensed captives, making it by far the largest captive domicile in the U.S., and the world’s second largest domicile as measured by total written premiums. Under Len’s guidance, Vermont’s captive insurance legislation became a model for other states. Len also served as the chief examiner in the property/casualty division of the Massachusetts Department of Insurance. In 2007, the Captive Insurance Companies Association presented him with a lifetime achievement award.    

Edward G. Troy has been Chairman, CEO and President of two of the largest national and global risk management services companies, ESIS, Inc. and GABRobins. During Ed’s tenure, ESIS achieved record earnings and GABRobins expanded its global footprint and was positioned for sale. Ed has a long track record of designing creative, holistic risk management programs that successfully reduced clients’ cost of risk. These programs have included, for example, comprehensive claims management, loss adjusting, loss prevention and safety and a state of the art risk management information system that contributed to making clients a better insurance risk, more efficient and more competitive in their business.

About Hanover Stone Partners
Founded by industry veteran John Kelly in 2009, Hanover Stone Partners is the first network of recognized and accomplished industry experts, specialized risk management services firms and specialty brokers. With more than 50 members in its network, Hanover Stone Partners assembles multi-disciplinary, cross-industry teams that work collaboratively to help clients identify, analyze, manage and finance organizational risk. This comprehensive approach offers clients the advantage of superior risk advisory and management services as well as cost efficiencies. Hanover Stone Partners evaluates existing risk programs, implements new strategies and provides unbundled services that help clients reduce the total cost and volatility of risk, protect earnings and preserve liquidity for their business. For more information on Hanover Stone Partners please visit http://www.hanoverstonepartners.com.

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