Specialty Captive Group Appoints Carter Cappon Advisor
Carter Cappon joins the firm as a captive advisor to support clients through remote work based in Grand Rapids.
Updated on Oct. 26, 2026 in Financial Planning
Specialty Captive Group has appointed Carter Cappon to serve as a captive advisor. Cappon will work remotely from Grand Rapids, utilizing his background in financial and data analysis to support single-parent captive clients.
Why it matters
The hire bolsters the firm's advisory capabilities as it continues to build an insurance intermediary platform. Cappon brings years of industry experience to the team, further strengthening the organization's focus on specialized risk management solutions.
Specialty Program Group has been building its business since its founding in 2015, including the strategic acquisition of the Sedgwick group captive unit on December 31, 2021. The firm focuses on acquiring underwriting and specialty businesses.
The players
Carter Cappon
He is a newly appointed captive advisor who previously worked as a consultant at Hylant.
Specialty Captive Group
This firm is an insurance entity focused on building an intermediary platform through the acquisition of specialty businesses.
Sedgwick Claims Management Services
This is a claims management firm that sold its group captive unit to Specialty Program Group in 2021.
The details
Carter Cappon joins the group following a tenure as a captive consultant at Hylant from May 2022 to September 2026. He brings experience from previous roles in the insurance sector, including a position at Farmers Insurance in 2020.
Timeline
Cappon held a position at Farmers Insurance in 2020.
Specialty Program Group was founded in 2015.
The acquisition of the Sedgwick group captive unit was completed on December 31, 2021.
Cappon worked at Hylant from May 2022 to September 2026.
Market Landscape
The appointment follows the insurance intermediary market consolidation trend, reflecting how firms scale expertise after acquiring specialized underwriting units. This move strengthens the firm's competitive position by integrating experienced talent into its growing captive portfolio.
Clients of the firm may see enhanced data-driven advisory services regarding their single-parent captive portfolios. This expansion of internal talent aims to provide more robust analytical support for complex risk management needs.
The takeaway
The addition of experienced advisory talent signals a push toward more specialized client support in the captive insurance market. Readers considering captive insurance structures should prioritize advisors with deep backgrounds in financial and data-driven risk assessment.
Further reading
Learn more about the evolving landscape of Financial Planning services and advisory roles.
Source note: This article includes information reported by Captiveinsurancetimes.
