Lisa M. Smith is helping shape group captive insurance

Lisa M. Smith, a senior account executive at Garnet Captive Services in Media, Pennsylvania, is highlighted for her role growing group captive programs and mentoring the next generation of insurance professionals. Her profile points to rising pressure in traditional insurance markets and the expanding strategic role of captives in risk financing.

Why it matters: - Group captive insurance is getting more attention as employers face social inflation, nuclear verdicts, rising medical costs, cyber risk and climate exposure. - Lisa M. Smith works in that space by helping brokers bring employers into captive programs that aim to improve control, transparency and long-term outcomes. - Her profile also underscores how mentorship and professional development are shaping leadership pipelines in insurance.

What happened: - Influential Women featured Lisa M. Smith, a senior account executive at Garnet Captive Services, an SRS Company. - Smith is based in Media, Pennsylvania, and has more than a decade of insurance industry experience. - She specializes in captive insurance and works with brokers to place employers into group captive programs. - She manages key relationships, supports new-member onboarding and contributes to program growth.

The details: - Smith’s career path moved from business development and underwriting support to underwriting and then senior client management. - Her credentials include the Chartered Property Casualty Underwriter designation, a Property and Casualty Insurance License, and the AU, AIC and AINS designations. - Smith also studied through The Institutes and is pursuing an Associate in Captive Insurance designation through the International Center for Captive Insurance Education. - Smith said she values collaboration, communication, integrity and a culture where people feel supported. - Smith said her husband and several mentors played a major role in her growth and confidence. - She gives back through the Submission and Mentorship Committees of CICA Amplify Women and the CPCU Ambassador Program. - Smith is a new ambassador for Fore Women in Insurance in the Philadelphia region. - Outside the industry, she volunteers with the Franconia Heritage Restaurant’s Thanksgiving Meal Project and the Share Food Program. - Her profile includes a full profile.

Between the lines: - Smith’s experience reflects a broader shift in captive insurance from a niche tool to a strategic part of risk financing. - Her emphasis on member engagement, safety culture and disciplined underwriting suggests captive success depends on more than pricing alone. - The profile also shows how women’s networking and mentorship groups are becoming a more visible part of talent development in insurance.

What's next: - Smith wants to keep expanding her work in captive insurance as Garnet Captive Services grows. - She hopes to lead a team in the future. - She is also focused on supporting younger insurance professionals, especially women entering the field. - Her outlook centers on confidence, calculated risk-taking and continuous learning as the industry keeps changing.