own consultancy business.

Grayston Consulting Services Ltd. will offer consulting and advisory services to clients who need help planning for their risk financing needs.

It will also give support to clients which provide services in the alternative market.

This includes those supplying management, accounting, investment and broking services as well as those insurance and reinsurance companies providing capacity in the alternative risk market.

Mr. Grayston, 52, left FBH in November, 1992 after it merged with Rollins Burdick Hunter.

He said: "With over 26 years of experience in captive management and insurance broking, I am in an ideal position to offer a unique perspective to clients seeking help in this specialised field.'' His first client is insurance management and brokerage company, Atlantic Security.

Mr. Hal Forkush, Atlantic's chairman, said: "We're in the process of putting together some very exciting new products in the alternative market area and we look forward to having Mr. Grayston's assistance at this time.

"We see some excellent opportunities for us to assist our clients through this difficult market cycle with long term solutions for their risk financing needs.'' Mr. Stuart Grayston.