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Gregory H. Cobb 
Director of Insurance Solutions 
Sage Advisory Services 

Greg serves as Director of Insurance Solutions, focusing on general portfolio strategies, asset allocation, and risk management solutions for the insurance industry, both traditional and in the world of alternative risk transfer. In 2024, he made entry into the Captive Review Global Power 50, and for the fourth consecutive year, he was recognized by Captive International as Asset Manager of the Year.  He also serves as a faculty member for the International Center for Captive Insurance Education.  Greg began his career in 1987 and has served as Senior Portfolio Manager for the Institutional Asset Management arms of both SunTrust and Bank of America, with a specialization in insurance company portfolio management. From there, he served as Managing Director and Chief Investment Officer for Sovereign Advisers and Lead Strategist and Director of Fixed Income for Boyd Watterson Asset Management. Greg earned a BS in Economics from the University of North Carolina at Chapel Hill and is a member of the CFA Institute.  

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Nino Conte, CPA
Insurance Tax Services Senior Associate
Crowe LLP

Based in Chicago, Nino is a senior tax associate in Crowe’s insurance practice with 4 years of experience in public accounting. He specializes in the taxation of various types of insurance companies, including traditional, captive, and warranty companies. His main focus is on federal and state compliance, as well as state and municipal premium tax compliance.

Nino received two Bachelor of Science degrees in Accounting and Finance from the University of Illinois Urbana-Champaign and is also a licensed CPA in the state of Illinois.

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Rebecca “Becky” Davis 
Financial Examiner 
District of Columbia Department of Insurance, 
Securities and Banking (DISB)

Since 2014, Becky has been a Financial Examiner & Analyst in the Risk Finance Bureau at the District of Columbia Department of Insurance, Securities and Banking (DISB), and in January 2022, Becky took on the role of examination supervisor. Becky’s duties include performing and reviewing the financial analysis of DC captives and risk retention groups, supervising examination of DC captives and risk retention groups, and reviewing licensing applications and business plan changes, as needed. Becky graduated from Freed-Hardeman University in Henderson, Tennessee, with her MBA and BBA in Accounting and a minor in Mathematics. She holds the Certified Fraud Examiner and Professional in Insurance Regulation designations.  

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Ben Hester 
President 
Copernican Admin 

Ben Hester's career began in real estate, where he acquired, repositioned, and developed over $55 million of multifamily and retail assets across the Southwestern United States. During this time, he spearheaded the creation of his firm's Tenant Legal Liability captive, covering approximately 3,000 multifamily units. Leveraging this experience, he helped underwrite and develop a novel risk management program, Cancellation+, for ticket cancellation risks faced by tour and activity business owners. Under Cancellation+, Ben and his partners developed additional risk management tools such as TourFill, an automated waitlist that backfills canceled tickets to reduce losses. Ben graduated from Bates College, where he was a proud member of the Men's Rowing team. He lives in San Diego with his wife and two children.  

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Joseph T. Holahan 
Partner Baker
Hostetler 

Joe Holahan is a partner with BakerHostetler and a member of the firm’s Insurance Regulatory and Transactions Group.  His practice focuses on insurance regulatory, corporate, and transactional matters, with an emphasis on the development and maintenance of captive insurance programs.   

Joe is a board member and currently the President of the Captive Insurance Council of the District of Columbia.  He is also a board member and instructor for the International Center for Captive Insurance Education and a past Chair of the Vermont Captive Insurance Association Legislative Committee.  

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Christina Kindstedt
President
Advantage Insurance Management

Christina opened up Advantage's office in Vermont in 2017 after 14 years with the world’s 3rd largest broker, where she built and led its RRG Practice.  Less than 6 years later, she grew her clientele from $0 to over $3 billion of annual premium under management.  Captives under her team's management are owned or sponsored by entities ranging from Fortune 200 to non-profits and many types in between.  In the process, Advantage has become a leading captive management firm unaffiliated with any insurance broker or carrier.        
 
Christina has been forming and managing all types of captives in various industries and domiciles. For companies that consider captives, Christina conducts feasibility studies and formation services. For companies with existing captives, Christina provides strategic review, expanded use analysis, and improvement plans.  She has authored a few white papers on insurance and is a frequent speaker at industry events within and outside the US.  She also serves on the Board of Directors for industry associations and many captive insurers.   

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Kristen M. Lawler, J.D., LL.M
Tax Partner
Crowe LLP

Kristen has over thirteen (13) years of experience within the financial services industry with a specialization in insurance tax. She has served many clients, including life insurance, property & casualty insurance, health insurance, reinsurance, and captive insurance companies. She has worked on a range of projects, including ASC 740 tax provision attest services, financial service company federal tax return preparation services, and formation, qualification, and tax advisory services for captive insurance companies. Kristen helps to lead Crowe’s Captive insurance tax practice, identifying captive tax and regulatory solutions and strategies for clients across various industries. 

Kristen received her Bachelor of Arts degree with a Major in Psychology and a Minor in Political Science from Fordham University, received a Juris Doctorate at Pace University School of Law, and a Masters of Law in Taxation from Boston University School of Law. She is a member of the New York and New Jersey Bar Associations. 

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Steve McElhiney, CPCU, ARe, MBA, MS
Partner - Captives and ART Solutions
Augment Risk

Partner of Augment Risk, a global provider of specialized risk capital solutions, heading the Captive and ART unit, based in Dallas. His team is focused on delivering global Captives of as dynamic capital tools to optimize risk control, capital allocation, and underwriting outcomes.  The Augment team is particularly adept at Complex risks in the global Property and Casualty segments.

He was formerly the Global Director of Reinsurance for Artex Risk Solutions in Dallas. Prior experiences include serving as a CRO for a Fortune 500 Chemical Conglomerate, Contran Corporation, as well as carrier executive experience with Argo, Allianz, and Transamerica.   He was a CFO of reinsurer Overseas Partners Re US (UPS owned).

He is the Past Board Chair of CICA and is a Past President and Chairman of the CPCU Society, and a Past Chairman of the Board of VCIA.  He is listed on the Captive Review Hall of Fame.

Steve has a MBA in Corporate Finance, a MS in Global Supply Chain Management, and a Bachelor of Science in Business Administration, cum laude, from the University of Southern California.    

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Sean O’Donnell    
Associate Commissioner    
District of Columbia Department of Insurance,
Securities and Banking (DISB)

Since September 2024 Sean has served as the Associate Commissioner of the Risk Finance Bureau at the DC Department of Insurance, Securities and Banking (DISB). As the director of DISB’s captive unit, Sean oversees the staff of 10 captive licensing specialists and analysts who license and regulate DC-domiciled captives. Prior to being named Associate Commissioner, Sean served as the assistant director of the captive unit since 2007. Sean graduated from Loyola University in Baltimore, Maryland, and holds the CPA and Certified Financial Examiner Designations. 

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Mikhail Raybshteyn, CPA
Tax Partner
EY

Mikhail is a Tax Partner in the EY Global Insurance Sector - Tax Practice within EY's Financial Services Organization.   He is a member of the EY's Global Captive Network, the EY Americas Captive Insurance Services Co-Leader, and MetroNY/Northeast Insurtech Tax Services Leader. Mikhail brings technical, industry, and market knowledge in an array of domestic and international insurance and tax topics, planning & structuring, tax and insurance risk advisory, and tax account leadership for a broad array of insurance, captive insurance, financial services, and non-financial market clients. 

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Mike Stafford 
Managing Director and 
Director of Fixed Income Investments 
ASB Investment Management 

Mr. Stafford is Managing Director and Director of Fixed Income Investments for ASB Investment Management. He has 30 years of experience in the institutional investment business, including serving as the Chief Investment Officer of The St. Paul’s (now Travelers) life insurance subsidiary. Mr. Stafford is a CFA charter holder, a past president and director of The Baltimore Security Analysts Society, and has taught investment analysis in the MBA program at Johns Hopkins University. He is a trustee of the Maryland State Retirement System and serves on the board of the Charlestown Retirement Community. Mr. Stafford is a graduate of Georgetown University and earned an MBA from Loyola Maryland University.  

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Carl E. Terzer 
Founder and Principal 
CapVisor Associates, LLC 

Carl E. Terzer is the Founder and Principal of CapVisor Associates, LLC, an SEC-registered investment advisor, that specializes in providing advisory services consisting of highly customized investment management programs for the alternative risk markets. He brings over 35 years of insurance asset management experience, more than 25 of which have been focused on working with Captives, Self Insurers, RRG’s, etc., to the task of correlating clients’ investment strategy with their business objectives and optimizing their investment programs.    

Mr. Terzer is the Investment Instructor and Board Member at the International Center for Captive Insurance Education (ICCIE). He currently also serves as a Board member for the Captive Insurance Council of the District of Columbia, Inc. (CIC-DC).  

As a frequent speaker at insurance-related events, Mr. Terzer is also regularly sought out to provide editorial contributions to leading insurance industry-focused publications.   

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Donna Weber
Managing Director, Pooling & Cell 
Facilities Leader
Marsh Captive Solutions

Donna is responsible for the overall management of Marsh’s captive pooling facilities and global protected cell companies. The risk pooling facilities offered include Green Island Reinsurance Treaty, Blue Exchange Reinsurance Treaty, and BenPool Re. Green Island is the largest and most successful Casualty pooling arrangement in the market. In its 24 years of operations, Green Island has provided clients with risk diversification and loss stabilization, with over $11 billion of total pooled premium.
 
The seven Marsh sponsored protected cell facilities located around the globe provide clients with a low-touch / reduced cost alternative to a single-parent captive. 
Donna is a member of Marsh’s Captive Solutions Executive Committee, which sets goals and priorities for the group. Her other responsibilities include the development and marketing of new captive-related products and solutions for clients. 

She has over 25 years of experience in the captive industry and risk management field and was previously Risk Manager at Fidelity Investments. 

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Karima M. Woods  
Commissioner    
District of Columbia Department of Insurance,
Securities and Banking (DISB)

Karima M. Woods is the sixth Commissioner of the District of Columbia’s Department of Insurance, Securities and Banking (DISB). Mayor Muriel Bowser nominated Woods on January 21, 2020, and the Council of the District of Columbia unanimously confirmed the nomination on July 28, 2020. 

In her role, Commissioner Woods serves as the chief financial services regulator for the District’s financial services industries, including insurance companies, captive insurance companies, investment advisors, securities broker-dealers, mortgage loan originators, mortgage lenders and brokers, state-chartered banks, student loan servicers, and money transmitters. The Commissioner is also responsible for managing financial empowerment and education programs that include the Opportunity Accounts Program, Financially Fit DC, and the forthcoming Financial Empowerment Center. The Commissioner also administers the District’s access to capital programs pursuant to the Treasury Department’s State Small Business Credit Initiative. The Commissioner oversees, for Fiscal Year 2023, the Department’s $37.4 million budget, 157 employees, and approximately $45 million in revenue. 

Woods holds a Master of Business Administration from George Washington University and a Bachelor of Arts in law and society from the University of California at Santa Barbara. 

Woods is married and lives with her husband and two daughters in Washington, DC.