Tom Hodson, President and General Counsel of Genesis Legacy Solutions, LLC, joins us for this episode of The Legacy Life. Tom grew up in a family of reinsurance brokers (G.L. Hodson & Son, anyone?) and has spent much of his career as an insurance/reinsurance regulatory attorney. However, these days, he finds himself doing a lot of marketing. A few years ago, Tom and several of his colleagues set up Genesis Legacy Solutions, an entity that focuses on runoff solutions for small insurance companies, captives and risk retention groups. He has been working hard to grow the business ever since.
When it comes to getting young professionals interested in insurance careers, he notes that the insurance industry could do a better job advertising the exciting opportunities posed by the alternative risk marketplace. “In the alternative risk marketplace, like captives, like risk retentions groups... There’s a lot of creativity that’s happening... It’s an interesting concept trying to solve problems that business people have,” he says. “There are other risks that businesses face on a daily basis that need innovative solutions.”
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04/13/22 • 17 min
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