Raymond J. Brooks (CEO)
A former managing director with Alvarez & Marsal, Brooks has more than fifteen
years of experience in risk management, capital markets and portfolio management.
Over the course of his career, Brooks founded Pine Creek Healthcare Capital, which
was a high yield and distressed healthcare debt manager. He also held positions
at Price Waterhouse, Lehman Bros., and Aubrey G. Lanston / Industrial Bank of Japan.
He is a former Member of the Chicago Mercantile Exchange and the International Monetary
Market. Brooks received an MBA in finance from the University of Chicago’s Graduate
School of Business and a B.S. from Saint John’s University.
Willis King (Chairman of the Board)
King has experienced a successful career in the insurance business for more than
35 years, as both an executive and board member, and is currently Executive Chairman
of First Protective Insurance Company and of Fidelity Fire and Casualty Insurance
Company. Over his career, King has held various senior roles with Highlands Insurance
Group, Guy Carpenter Group, and Willcox Inc. Reinsurance Intermediaries, and has
provided Board service at SCPIE Holdings, BCS Financial Corp., and Max Capital,
a Bermuda reinsurer.
Richard J. Caplan
Caplan serves as the co-founder and principal of CapRok Capital LLC, and is formerly
the co-head of North American Structured Credit Products for RBS Greenwich Capital
and CitiGroup.
Roger D. Cunningham
Cunningham joined the Board with a 25-year career in the financial guarantee industry,
including various senior credit and underwriting positions at RAM Reinsurance Company
Ltd., Financial Security Assurance Inc. and Financial Guaranty Insurance Company.
He is currently an independent consultant to the industry.
Bradley I. Dietz
Dietz currently serves as the managing director, partner and co-head of the Restructuring
Group at Peter Solomon & Co. in New York, where he has worked since 2001. Prior
to this position, he served in a similar capacity at Citibank.
Dwight Lacey
A 34-year career veteran in insurance and finance, Lacey currently focuses on board
service as an independent director. He formerly served as Global VP for Insurance
at Ford Motor Credit and President and CEO of Canadian Imperial Bank of Commerce
Insurance in Toronto.
Paul D. McFarlane
McFarlane retired in December 2002 as Senior Vice President, Risk Management Division
from Canadian Imperial Bank of Commerce after a 40-year career there. Over his career,
McFarlane held various senior roles, including management of the bank's Special
Loans Group. He is also a director of Brookfield Properties Corporation and Chairman
of its Audit Committee.
Andrew Rothseid
Serves as a runoff insurance and reinsurance specialist with 25 years of professional
experience within the industry as a private practice lawyer; General Counsel and
Director of American and Bermudian property and casualty run off insurers and reinsurers;
Managing Director of a London Market run off operation; and Consultant and Partner
with a global professional services firm. Rothseid is the Principal at RunOff Re.Solve
LLC and a former partner in PricewaterhouseCoopers LLP, where he led the U.S. insurance
restructuring practice.
John B. Sprung
Sprung recently retired from Merrill Lynch, where he served for 28 years. Sprung’s
roles included General Counsel of the Municipal Markets Group, Director of Public
Affairs for ML & Co, Inc. and First Vice-President and General Counsel of its
Global Debt Markets Division.