Itasca, IL — Captive Resources, LLC, a leading consultant to group captive insurance companies headquartered in Itasca, IL, has announced an updated leadership structure for its Health Solutions business. Building on the Executive Committee updates announced last month, these updates further strengthen the organization’s commitment to strategic growth, operational clarity, and strong partnerships with brokers, members, and carrier partners.
Here’s an overview of the updates to our Health Solutions leadership team:
In his role as Chief Business Officer, Parrilli will maintain executive responsibility for captive budgets, including both growth and renewals, and for alignment across the Health Solutions business. He provides executive leadership to the Managing Director group and ensures alignment with carrier partners at the captive practice level. Parrilli also oversees key HR functions, including performance management, compensation, and overall team operations.
As Managing Director, Hallen is responsible for leading the Health Solutions Captive Executive (CE) team, including performance management, training, and resource allocation. He oversees captive performance, including key performance metrics, working closely with Health Solutions Underwriting (HSU) and fronting partners. Hallen serves as a primary escalation point for member, broker, and carrier matters and represents Captive Resources at the board level across assigned captives and carrier relationships. He also maintains accountability for team-related HR matters.
In his role, Gillis leads the Business Development Leaders (BDL) and Business Development Executive (BDE) teams, with responsibility for performance management, training, and production standards. He oversees business development budgets and reporting, drives broker engagement and coverage strategy, and maintains senior-level broker relationships. Gillis also holds responsibility for HR-related functions across his team.
“These leadership updates underscore both the commitment of our Health Solutions leaders and the meaningful impact they are already driving across the business,” said Steve Gransbury, President of Health Solutions. “This structure brings greater clarity to roles and responsibilities that have already been in practice, positioning us to execute more effectively and continue delivering strong results for our partners and clients.”
About Captive Resources
For four decades, Captive Resources has provided mid-market companies the opportunity to become insurance company owners rather than insurance buyers while lowering their total cost of risk. We do this through the creation, development, and oversight of member-owned group captive insurance companies. We currently advise 52 Casualty and Medical Stop Loss group captives comprising 7,700 member-companies and $5.7 billion in annual premium. We provide a wide range of support, including claims advocacy, operational oversight, risk management, financial services, regulatory compliance, investment services, and more.
For more information, visit www.captiveresources.com.
Media Contact:
Amanda Phillips
Marketing Content Manager, Health Solutions
aphillips@captiveresources.com
