Independent consultant

Hands-on expertise, without the full-time overhead

I work as a hands-on consultant to start-ups and large corporates alike, stepping into whatever role a business needs, from management and training to strategy facilitation, due diligence and relationship and product development.

Russell Spring
About

Less friction, more results

I've been consulting for the last 5 years and before that spent over a decade in Private Equity, from 1997 to 2008. In that time, I've worked across small start-ups and large corporate clients, taking on roles in management and training, strategy facilitation, due diligence management and relationship and product development.

My approach is to work closely with the business day to day and where it makes sense. Taking away hassle from the business owner to focus on what is important.

  • 5 years independent consulting
  • Private Equity, 1997–2008
  • Start-ups to large corporates
  • Train and hand over when ready
Experience

A career across the years

Select a role to see more about the work and what it delivered.

  1. Executive

    Spring Consulting

    Jan 2022 – Present · 4 yrs 10 mos · Cape Town, Western Cape

    Founded Spring Consulting to provide advice, guidance and business solutions built on 29 years of insurance industry experience, spanning financial accounting, reinsurance, strategy and business development.

    • Facilitated strategic planning for a property holding company
    • Co-ordinated a successful due diligence for the buyer of a telecoms business
    • Guided a startup insurance underwriting manager on optimal reinsurance terms
    • Consulted to Compass Insurance on reinsurance management and trained incoming reinsurance managers
  2. Compass Insurance Company

    Feb 2008 – Dec 2021 · 13 yrs 11 mos · Johannesburg, Gauteng

    Chief Underwriting Officer

    Feb 2008 – Jul 2010 · 2 yrs 6 mos

    Led underwriting at Compass, a wholly owned subsidiary of Hannover Reinsurance Africa.

    • Secured above-average underwriting results for the company
    • Delivered quality reinsurance premium for the Hannover Reinsurance Group

    Executive: Reinsurance & IT

    Aug 2010 – May 2012 · 1 yr 10 mos

    Placed the reinsurance programmes that best protected the company's balance sheet while ensuring its technology infrastructure was sufficient for the business.

    • Managed the IT function of the group
    • Employer representative on the Hannover Re/Compass Pension and Provident Fund
    • Part of the company committee managing the SAM projects

    Executive: Reinsurance and Risk

    Feb 2012 – Dec 2021 · 9 yrs 11 mos

    Prescribed officer responsible for placing reinsurance programmes that best protected the balance sheet and for managing the company's risk environment according to best practice and group guidelines.

    • Developed the Risk Management Policy and reported to the Risk Committee of the board
    • Planned renewal processes and liaised with reinsurers locally and internationally
    • Board-appointed member of the Risk Management and Social & Ethics committees
    • Managed facultative reinsurance placement and premium settlements
  3. Senior Portfolio Manager

    Lireas Holdings

    Feb 1997 – Jan 2008 · 11 yrs · Johannesburg, Gauteng

    Senior manager of a majority-owned Private Equity subsidiary of Hannover Reinsurance Africa, operating as a closed venture capital fund and a member of the South African Venture Capital Association.

    • Secured above-average investment returns and quality reinsurance premium for the Hannover Reinsurance Group
    • Strategic planning for a portfolio of more than 19 companies, including board presentations
    • Full board of director responsibility for several Lireas investments
    • Chairman of the Group Audit Committee and the Employment Equity Committee

Earlier career, Feb 1984 – Jan 1997

Services

What I help clients with

Practical, strategic support across the areas that keep a business running well.

Strategy Consulting

Facilitating clear strategic direction for growing businesses.

Process Review

Identifying and streamlining what's slowing the business down.

Full Service Financial Function

  • Covers:
  • Bookkeeping
  • Financial preparation
  • Management
  • Account interpretation

Payroll Processing

Accurate, reliable payroll so you don't have to think about it.

Who I work with

Built for businesses that need strategic expertise and not a full-time hire

I work with small and medium-sized businesses (SMMEs) who need experienced hands-on support but aren't ready for, or don't need, a full-time person in the role. I work with both businesses and individuals, across most sectors, with the deepest experience in insurance, though the fundamentals apply to any business.

How we'd work together

Flexible to how you need to work

Engagements can be a fixed project, an ongoing retainer, or a daily rate, whatever fits the problem. I'm based to work remotely and happy to travel to you as needed, preferably locally.

01

Fixed project

A clearly scoped piece of work with a defined outcome.

02

Ongoing retainer

Regular, hands-on support as part of your team.

03

Daily rate

Flexible expertise exactly when you need it.

Track record

Selected engagements

Business acquisition

Due Diligence for Business Acquisition

Problem

A client needed a trusted partner to manage a full due-diligence process and support a confident, risk-aware purchase decision.

Approach

We designed and executed a comprehensive framework aligned with the buyer's strategic and operational requirements, assessing every aspect of the target business.

Result

The transaction concluded successfully and the acquired business has since been seamlessly integrated into the client's operations.

Travel and conservation

Strategic Repositioning for a Purpose-Driven Travel Company

Problem

A travel business needed to validate its direction and align product development with conservation and community-impact initiatives.

Approach

Working with management, we clarified the strategic vision, developed budgets and management tools and refined the product suite around market demand and mission.

Result

The business repositioned itself around meaningful, science-based ocean travel with experiences designed to deliver tangible conservation outcomes.

Insurance product development

Insurance Product Development for African Market Expansion

Problem

A sports registration business wanted athlete-focused insurance products linked to federation registrations as part of an expansion into Africa.

Approach

We defined the product, worked with an in-country insurer to structure it and refined reinsurance arrangements with an international reinsurer.

Result

The project was shelved after a shift back to core registration activities, but the work established a clear blueprint for future insurance expansion.

Contact

Let's talk about what your business needs

Send a short note about where you are and what you need and I'll get back to you.

Or email me at russell.spring@springconsult.co.za

Or call me on +27 83 648 1997