In this second part of Respada’s asset protection thought leadership series, experts will discuss how to optimize tax liability and mitigate various types of risks through insurance. The frequency and complexity of the risk exposures faced by affluent families and individuals make it necessary to adopt proactive risk prevention strategies, as well as the purchase of insurance protection to make them whole should they suffer a loss.
President, Transamerica Life (Bermuda), Ltd.
Hazel was appointed as President of Transamerica Life (Bermuda), Limited (TLB) on 1 January 2021. Hazel first joined TLB as its Head of Customer Fulfillment & Chief Underwriter in 2012 and was promoted to Chief Operating Officer (COO) in 2014. As President, Hazel leads the company’s business operations, including Customer Fulfillment (new business, underwriting, customer service, claims, reinsurance administration, broker contracts and commissions), Marketing, and Sales management. She is also responsible for the company’s strategic development and execution, and plays an instrumental role in driving its digital transformation projects. Hazel is part of TLB’s Executive Committee, chaired by the CEO, which oversees all of TLB’s global day-to-day operations.
Hazel is an accomplished international re/insurance professional with over 30 years of experience in the financial services industry. She has a strong background in underwriting and claims risk management in the life and health sectors, including the High Net Worth market segment. Prior to joining TLB, Hazel held various senior management roles at AIA, Now Health International and Swiss Re.
Hazel graduated with a 1st Class bachelor’s (Hons) in Financial Services from Napier University Edinburgh. She is an Associate of the Chartered Insurance Institute and holds a Diploma in Medical Underwriting. A strong believer in volunteerism, Hazel participated as a mentor at The Woman’s Foundation in Hong Kong. She also serves as Honorary Secretary at Insurance Complaints Bureau in Hong Kong.
Chairman & CEO, Crown Global
Perry Lerner is the co-founder of Crown Global and is focused on the company’s strategic planning, product development and institutional relationships. Prior to founding Crown Global, Mr. Lerner was a managing director of CPW Capital, LLC and Crown Capital Group, LLC, private equity investment firms. He was also one of the founding members of Fresh Direct, LLC. Before that, Mr. Lerner was a leading tax partner at O’Melveny & Myers LP in New York, London and Los Angeles. He is a member of STEP and has many years of experience advising high net worth families and businesses on international tax planning matters. Mr. Lerner also worked as attorney advisor in the Office of International Tax Counsel of the U.S. Treasury Department.
Mr. Lerner is a member of the Board of Visitors and Governors of St. Johns College (Annapolis and Santa Fe); Board of Trustees Claremont McKenna College, and Director of Boss Holdings, Inc. Mr. Lerner received his Bachelor of Arts degree from Claremont McKenna College and his JD from Harvard Law School.
Rick Harig, CFP
Financial Planner & Legacy Strategist
In 2014, Rick became the founding Chair of TIGER 21 Chicago, and served as its Chair for nearly six years. TIGER 21 is a peer-to-peer learning forum for individuals with significant assets (tiger21.com). Twelve years prior to assuming this position, he served as a planning resource for TIGER 21 members, presenting to TIGER 21 groups on various Legacy Strategies and helping them to envision the impact of their wealth beyond their lifetimes.
Beginning in 2002, when TIGER 21 had just eighteen members (today 750+), Rick became a resource for members, assisting them with Maximizing the Meaning and Impact of Family Wealth. He founded Legacy Resources, LLC, in 1996, and functions as a Legacy StrategistTM and Financial Planner Registrant, CFP®, to empower people to gain clarity about the meaning, purpose and impact of their wealth. Since then, Legacy Resources, LLC, has assisted more than 100 domestic and offshore families in defining the destination or purpose for their wealth, helping them translate what they define into a design for their estate, and into a plan and a path toward a sustainable family legacy.
Living in Europe for more than six years greatly influenced both his personal life and his professional life. While working as a tour guide in Austria, Hungary and the Balkan countries, he witnessed the profound impact of opening tourists' eyes to the legends and lore, people and culture in ways they would not have seen on their own. Upon his return to the U.S., this influenced the reflective process he incorporated into the exercise of defining goals and objectives, and ultimately, the purpose of his clients' wealth. Now, instead of tours of great cities, cathedrals and palaces, he takes clients on a journey of the heart, reflecting with them on the arc of their lives and the shaping forces that have made them who they are. Through the legacy clues they uncover, he helps clients to imagine a better future for themselves, their families, and generations yet unborn. His mission? To assist clients in creating a larger future, so they can live a larger life.
In his free time, Rick loves to travel and spend time practicing reading and speaking German.