Our Purpose

Our Team

Our roots lie in a family-run business that understands the importance of managing payroll, making capital investments, and fostering growth all at once. To tackle these challenges, businesses require an insurance partner who has conquered similar obstacles. The Preservation Self-Insurance program aids businesses in achieving both short-term and long-term success.

Richard Gray

Richard has over 40 years of experience in a variety of Fortune 500 corporate roles and as an entrepreneur. The Preservation program is based on a captive program he began 15 years ago for capital-intensive outpatient imaging centers. Captive, or self insurance, is a long-established, $10 billion segment of the overall insurance industry. Richard believes that this powerful risk mitigation and financial tool should be available to “main street” companies as well as the Fortune 500. The Preservation Extended Warranty program can also be combined with an Emerging Risk policy to protect companies against cyberattacks, supply chain interruptions plus over 40 additional risks that many traditional underwriters won’t insure. Client retention and investment of their own reserves is a foundation of both the Extended Warranty and Emerging Risk policies.‍
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Grayson Price

Grayson graduated from Liberty University with a Masters in Business Administration. He holds a certificate in captive insurance from the International Center for Captive Insurance Education. Grayson serves as the Chief Operating Officer for Preservation Services. He is responsible for the coordination of actuarial and regulatory approvals, as well as policy development to support the goals and objectives of Preservation Services clients.‍
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Joel Fernando

As Business Development Manager for Preservation Services, Joel works with clients to ensure a smooth onboarding process and excellent client service in the areas of both risk mitigation and financial optimization. Joel facilitates a team of programmers, actuaries, and other professionals to ensure a seamless and profitable client experience.‍
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Regulatory Compliance
Tax Filings, Reporting
Claims Processing
Client Withdrawals

Our track record

Over 10 years of
captive management.
14 years of
captive ownership

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