SRS Altitude Names Joe Sullivan Head of ART

Sullivan, previously Deputy Regional Head of ART, Americas at Allianz Commercial, will drive North American expansion of the firm's alternative risk transfer business.

Updated on Nov. 3, 2026 in People

Bold flat-color vector editorial illustration of three stacked shipping containers of varying heights linked by a steel cable, evoking structured risk transfer. — SRS Altitude named Joe Sullivan head of alternative risk transfer for North America, tasking him with expanding the firm's captive and ART business. AI Illustration. Upload story photo >

SRS Altitude, a managing general underwriter within Strategic Risk Solutions that specializes in Alternative Risk Transfer solutions, has appointed Joe Sullivan as Head of ART for North America. Sullivan stepped into the role on November 2, 2026.

Why it matters

Demand for ART and captive solutions in North America is accelerating, and the appointment positions the firm to serve a broader range of organizations exploring more sophisticated risk transfer strategies. Sullivan's experience managing multi-line, multi-year risk financing arrangements is intended to support that growth.

The appointment took effect November 2, 2026, and the extraction provides no revenue, headcount, or deal-volume figures for the North American ART business. No quantitative growth targets were disclosed.

The players

SRS Altitude

A managing general underwriter within Strategic Risk Solutions that specializes in Alternative Risk Transfer solutions for brokers, corporate clients, and captive owners.

Joe Sullivan

A risk transfer executive based in New Jersey who previously served as Deputy Regional Head of ART, Americas at Allianz Commercial.

The details

Sullivan will work with broker partners, corporate clients, and captive owners to develop tailored risk transfer and risk financing solutions. He previously served as Deputy Regional Head of ART, Americas at Allianz Commercial and has experience in captive insurance.

November 2, 2026: Joe Sullivan stepped into the Head of ART role for North America.

Market Landscape

The move reflects accelerating corporate interest in captive insurance and alternative risk transfer in North America, a segment where specialized managing general underwriters compete to serve brokers and captive owners. Adding a leader with experience at a major global insurer strengthens SRS Altitude's position in that competitive niche.

For brokers and corporate clients, the appointment signals a dedicated North American point of contact for tailored captive and risk financing arrangements. Organizations exploring alternative risk transfer can expect more specialized solutions as the expansion proceeds.

The takeaway

Organizations evaluating captive insurance or alternative risk transfer should consider how specialized leadership and tailored structures can fit their risk financing needs. Engaging with experienced ART executives early can help clarify options before committing to a structure.