Garnet Captive Services
Mike Bonesteel is a seasoned professional with extensive experience in the insurance industry. Currently serving as a Partner and Vice President at Garnet Captive since September 2016, Mike has a strong background in risk management and partnership development. Prior to this role, Mike held the position of Assistant Vice President at Keystone Risk Partners from August 2008 to August 2016. Mike is an alumnus of Swarthmore College, contributing a solid educational foundation to a successful career in the field.
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Garnet Captive Services
Garnet Captive provides alternative risk consulting and brokerage services, including captive insurance program services, primarily for workers' compensation customers. This acquisition offers an opportunity for Garnet Captive to increase the scale of its business and for BRAC to enter into a new area of the alternative markets business, thusoffering expanded opportunities for both entities. It works with brokers and clients throughout the formation and sales process, and continue to work with its partners and clients after the formation, providing customizable levels of service for all programs.Garnet Captive was founded in 2002 and is headquartered in Philadelphia, Pennsylvania.