NEW YORK—Sutherland Asbill & Brennan LLP is pleased to announce that Partner P. Bruce Wright has been recognized with the 2015 Industry Service Award by the Vermont Captive Insurance Association (VCIA). The award was presented to Mr. Wright on August 12 during the Association’s annual conference in Burlington, Vermont.
The Industry Service Award, chosen by the VCIA Board of Directors, is given annually to recognize an individual for his or her service and contributions to the overall vitality and general welfare of the captive insurance industry.
“Bruce is a leader in the captive insurance industry and is very deserving of this recognition,” said Sutherland Managing Partner Mark D. Wasserman. “He is dedicated to enhancing the captive insurance practice and the profession. We are very proud to have Bruce as our partner and very pleased that VCIA has recognized him for his commitment and contributions.”
Representing domestic and foreign-based clients, Mr. Wright counsels property and casualty insurance companies on a wide range of tax and insurance law issues, including formation of commercial offshore privately and publicly held entities. He also guides the formation of single parent/group captive insurers and counsels risk retention groups.
With more than four decades of experience, Mr. Wright also works with clients on the development of structured financial products such as securitizations, swaps, options and similar products used as alternatives to conventional risk financing mechanisms such as “rent-a-captives” and “cell companies.”
Sutherland’s captive insurance practice advises U.S., international and multinational clients on creative solutions to manage risks and realize business objectives through captives.
ABOUT SUTHERLAND ASBILL & BRENNAN LLP
Sutherland is an international legal service provider helping the world’s largest companies, industry leaders, sector innovators and business entrepreneurs solve their biggest challenges and reach their business goals. More than 435 lawyers across seven major practice areas—corporate, energy and environmental, financial services, intellectual property, litigation, real estate and tax—provide the framework for an extensive range of focus areas. Sutherland is composed of associated legal practices that are separate entities, doing business in the United States as Sutherland Asbill & Brennan LLP, and as Arbis Sutherland LLP in London and Geneva. Arbis Sutherland LLP is a limited liability partnership and is registered in England and Wales with registered number OC348198. Its registered office is at Marble Quay, St Katherine’s Dock, London E1W 1UH. Arbis Sutherland LLP is authorized and regulated by the Solicitors Regulation Authority of England and Wales whose regulatory requirements can be accessed at http://www.sra.org.uk/solicitors/handbook/code/content.page. A list of the members of Arbis Sutherland LLP and their professional qualifications is open to inspection at its registered office.