Matthew A. Holycross | Vice President of Finance
Matthew A. Holycross serves as Broad Reach’s Vice President of Finance where he applies his extensive practical experience in the design, planning, implementation, and operation of creative and effective insurance structures.
After spending the first decade of his career in both Controller and CFO roles for Property & Casualty insurers, Matt transitioned into designing, implementing, and operating Captive insurance companies. His experience in leading the financial functions of insurance companies, coupled with specific experience in program design and both GAAP and Statutory financial reporting, help make him uniquely qualified to develop creative risk-transfer solutions for traditional carriers, Managing General Agents, and Non-insurance enterprises.
Over the past decade, Matt has been responsible for the financial reporting of captive insurance companies ranging from pure captives with less than $300,000 in annual premium; to cell-captives with over $1 billion in equity value. In addition, Matt takes a special interest in entrepreneurial captive applications including Risk Retention Groups and Agency captives, where his background in NAIC financial reporting and the AM Best rating process can add significant value to the opportunity.
Matt is a graduate of the Moore School of Business at the University of South Carolina with a Bachelor of Science in Business Administration (Finance and Accounting). He is a Certified Public Accountant (SC #7525), with memberships in the American Institute of Certified Public Accountants and the South Carolina Association of Certified Public Accountants. He has served on the Alternative Risk Transfer Committee of the Self-Insurance Institute of America, is currently serving a term on the North Carolina Captive Insurance Association Board of Directors, and received his ACI designation from the International Center for Captive Insurance Education. He is a Past Chairman of the Young Alumni Council for the University of South Carolina Alumni Association.
Matt is a resident of Columbia, South Carolina; where he lives with his wife, children, and dogs.