Karen is the Interim Executive Director of Captive Insurance Programs for the University of California, Office of the President. She plays an integral role in strategically planning and managing the current captive programs as well as formulating and designing new strategies to utilize the captive platform to more efficiently finance University risks. Current captives under management include Fiat Lux Risk and Insurance Company, a single parent captive, UC Health RRG, A Reciprocal Risk Retention Group, Eureka Insurance Co PCC, Eureka One IC, an Incorporated Cell Captive Insurance Company, and Sequoia, IC, an Incorporated Cell of Eureka Insurance Company, PCC. The University of California system consists of 10 University campuses, 5 academic health systems, and 3 national laboratories, incorporating over 350,000 students, 280,000 faculty and staff, $36 billion of annual revenues and more than 2 million alumni living and working around the world. Karen is a proud alumna of the University of California, Berkeley. With over 9 years of career experience at the University of California, she is well versed in the risk management sector of higher education institutions, was named one of the 2018 and 2020 “Ones to Watch” by captive insurance publication Captive Review, and was awarded the captive insurance industries’ “Rising Star” award and the Business Insurance “Break Out” award.