CRC Group, a wholesale insurance services and distribution specialist, has launched a new Risk Solutions Division to advance its focus on developing proprietary capacity, capital partnerships and alternative risk solutions, including its reinsurance sidecars, appointing Bill Goldstein to lead the division.
The company has already been leveraging alternative and insurance-linked securities (ILS) capital through a number of structures it has developed over the years.
Notably, these include the reinsurance sidecars launched to support AmRisc, LLC, a coastal commercial property insurance specialist subsidiary managing general agent.
AmRisc first raised $325 million of capacity for a collateralized reinsurance sidecar named Trouvaille Re Ltd. back in 2024.
The E&S property focused collateralized reinsurance sidecar Trouvaille Re was then renewed at an upsized $580 million in 2025.
Starwind Specialty Insurance Services, LLC, a program management subsidiary, also secured $270 million of collateralized reinsurance capacity through the launch of Fractal Re Ltd. in 2024, a multi-year casualty risk focused quota share sidecar structure.
More recently, CRC Group also revealed that it is leveraging the insurance-linked securities (ILS) market to bring capacity to support data center risk transfer capabilities.
CRC Group has now launched its newly created Risk Solutions Division to bring initiatives like this under one roof, naming Bill Goldstein as Head of Strategic Partnerships, Capacity and Capital Solutions.
Goldstein joined CRC Group in 2021 and helped the company expand its underwriting capabilities, develop specialty knowledge and build its market presence. Recently, Goldstein was CEO of the CRC Underwriting Division, which included leading Starwind Specialty and AmRisc.
In his new position leading the capital partnerships focused division, Goldstein will work to develop strategic capacity, including proprietary structures such as sidecars.
The company said it sees “a significant opportunity to more closely align these capabilities, creating innovative structures and solutions that enhance market access, expand capacity, and support long-term growth for CRC Group, clients, and carrier partners.”
Goldstein’s role will lead the division as it develops new opportunities with reinsurance sidecars, reciprocal structures, strategic carrier partnerships, and innovative capacity solutions, centralising these efforts and expanding their capabilities across the CRC Group.
“Bill has been instrumental in advancing CRC’s position as an industry leader in specialty insurance,” explained Dave Obenauer, Chief Executive Officer, CRC Group. “His vision, creativity, and deep understanding of the marketplace have helped shape many of our most innovative solutions. He will continue to lead the development of the next generation of proprietary capacity and alternative risk solutions, collaborating closely with clients and carrier partners to bring innovative strategies to market.”
“CRC has consistently sought new ways to create value for clients and trading partners through innovation with capital and capacity,” added Goldstein. “I am excited to lead this effort and build on the momentum we have established. By combining innovative structures, strong carrier relationships, and CRC’s market capabilities, we have a tremendous opportunity to deliver differentiated solutions across the insurance marketplace.”
