Management Team

Andrew Cavenagh

Andrew Cavenagh is the Managing Director and Founder of Pareto Captive Services. Andrew is a leading expert in the employee benefit group captive area.  He is currently on the Board of Directors of the Self-Insurance Institute of America (“SIIA”) and often speaks at various industry events.

Prior to founding Pareto Captive Services, Andrew created and managed Berkley Accident & Health's Group Captive Division.  He also served as an Executive Vice President at Berkley Risk. 

In addition to his role at Pareto, Andrew is on the Board of Directors at Garnet Captive Services, LLC and Elevate Insurance Services, LLC. Garnet Captive forms and manages P&C group captives, and Elevate is a wholesaler of workers compensation for framing and roofing contractors. 

Andrew has created over fifteen separate group captives.

Andrew attended Swarthmore College and has a BA in Economics.  He lives in Philadelphia with his wife and two children.

Andrew Clayton

Andrew Clayton is President of Pareto Captive Services.  Andrew brings a unique combination of alternative risk and employee benefit expertise, with a particular emphasis on blending progressive population risk management strategies with alternative risk financing mechanisms.  Andrew has helped launch ten employee benefit group captive programs. 

Prior to joining Pareto Captive Services, Andrew was Vice President-Sales for Berkley Accident & Health’s Group Captive Division.  He has also previously served as manager of business development for one of the largest stop loss MGUs in the country. 

Andrew has over 15 years experience in the alternative risk niche and has structured single parent captives, rent-a-captives, and group captive programs.  Former clients included Fortune 500 companies, professional sports teams, and privately held organizations.

Andrew attended Swarthmore College and has a BA in Economics.  He lives in Bryn Mawr, PA with his wife and two sons.