NEW YORK—Sutherland Asbill & Brennan LLP is pleased to announce that Partner P. Bruce Wright has been ranked No. 4 in the 2014 “Power 50” list by Captive Review, the leading trade publication focused on risk management and captive insurance. The “Power 50” recognizes the captive industry’s most influential and innovative figures. Mr. Wright moved up four spots from last year’s ranking at No. 8.
“Bruce is a leader in the insurance industry and highly respected in his field,” said Sutherland Managing Partner Mark D. Wasserman. “He is a leader of our captive insurance team, and we congratulate him on this wonderful honor.”
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.
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Sutherland is an international legal service provider composed of associated legal practices that are separate entities, doing business in the U.S. as Sutherland Asbill & Brennan LLP and as Arbis Sutherland LLP in London and Geneva. More than 435 lawyers help the world’s largest companies, industry leaders, sector innovators and business entrepreneurs solve their biggest challenges and reach their business goals. 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.