Capital Security Ltd and Unirisk Announce Loss of Chief Executive Officer, Steven Nordstrom

NAPLES, Fla., September 11, 2017 (Newswire.com) - Capital Security Ltd. and UniRisk Intermediaries Inc., sadly announced today that its Founder and Chief Executive Officer, Steven Nordstrom, passed away on April 5, 2017, after a short illness. Responding to this tragic event, the Company’s Board of Directors formally added to the responsibilities of UniRisk President Jeana Nordstrom, the responsibility of President and CEO of Capital Security Ltd. Gordon Bewick joins the board as Managing director of Alliterative Risk Programs. Longtime associate, Wayne Blassman’s team will take the lead expanding benefits with captive resources in North America. These actions will follow the course set forward in the company’s existing business plan to expand the organization’s offerings and capabilities in the benefit, workers comp, for mid market companies and will continue to achieve Steve’s corporate goal of Capital Security being the shining star in the alternative risk market.

          Steve lived and worked by the motto, “creativity is intelligence at play.”

Losing Steve is a great loss to me and all who knew and worked with him. I had the privilege of working side by side with him in the Alt Risk business for over 25 years. We built two great companies together. The UniRisk and CSL teams are dedicated to continuing with inventive programs for our clients.

Jeana L. Nordstrom , CEO

UniRisk provides consulting expertise to the brokerage community and functions as the exclusive intermediary facilitating Alternative Risk Transfer ("ART") solutions for Capital Security, Ltd (“CSL”)

Created by insurance and industry experts with over 30 years experience in the alternative risk transfer (“ART”) domain, Capital Security, Ltd (“CSL”) is a duly licensed class 3 Bermuda insurer formed under section 4 of the “Bermuda Insurance Act of 1978”. CSL is a 953d Section 953(d) a controlled foreign corporation (CFC) engaged in the insurance business (an electing corporation) to affirmatively elect to be treated as a U.S. corporation for purposes of imposing United States tax. 

CSL provides ART solutions to its clients with ultimate protection to the interests of each participant while allowing the flexibility to create and maintain individual alternative risk platforms for its members.

CSL clients enjoy the protection of CSL being a Segregated Accounts Company under Bermuda law.

Mrs. Nordstrom had a variety of credentials from educational organizations providing ongoing education.
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• Is a speaker and published author within a segment of the industry. 1980 to 1994
• Developed career in the logistics arena specializing in “just in time” inventory management.
• Two-term Chairperson of the New York branch of the international organization, Council of Logistic Management.
• Recruited by the U.S. government to participate in a “white paper” regarding improving logistics within the Department of Defense.
• Raised in Columbus, Indiana. U.S. citizen.

If you would like more information about this topic, please contact Nordstrom, Jeana at 917-716-4269 or email at [email protected].

Source: Capital Security Ltd. & UniRisk Intermediaries Inc