BAILEY ROESE

Bailey Roese is a partner at Dentons and has been a tax attorney for 10 years. Early in her career, she worked with her partner, Chaz Lavelle, on IRS 831(b) audits and found captives fascinating. Over the last few years, she has become more involved in the industry and has greatly enjoyed learning more about the captives space and assisting captive owners and managers with their tax questions.

Roese was described as an excellent tax lawyer in captive tax and state tax (both planning and litigation). She has demonstrated this by being on tax and other panels at VCIA, CICA, Cayman Captive Conference, World Captive Forum, Western Regional, SIIA and Captive Insurance Tax Forum, among others. She is said to be the only young tax lawyer regularly speaking at conferences.

Here she explains why she finds captives rewarding, how it seems to be evolving and why she’s staying in the captive world as long as she can.

Do you feel that the captive insurance industry is a rewarding sector to work in?

I have found the captives industry to be extremely creative, welcoming, and collaborative. Attending conferences and meeting new people involved in captives has been so rewarding, and it is so fulfilling to help a client solve a problem.

Would you recommend the captive insurance industry to young people as a future career path?

Definitely. There are so many opportunities for those early in their career to learn and thrive, and there are so many who want to mentor the next generation.

How do you feel that the captive insurance industry will evolve?

The captives industry is one built on innovation and finding creative solutions to the problem of how most effectively to manage risk. It will continue to evolve. It is an industry that is not afraid of change or new ideas and, particularly in the midst of a hard market, the relevance of captives will only grow.

Do you think that your long-term future remains in the captive insurance industry?

Definitely. Businesses will always be looking for new ways to manage risk, and I look forward to assisting captive owners with their legal questions far into the future. In many ways, I am just starting out, which is exciting—I learn something new every time I make a new connection or attend a conference.