Mikhail Raybshteyn is a Managing Director with Alvarez & Marsal Tax in New York and is the firm’s Americas insurance tax practice leader and alternative risk finance/captive insurance services leader globally. He is a leading voice in the insurance industry, focusing on insurance tax and alternative risk finance strategy, including captive insurance consulting. Mr. Raybshteyn advises global insurance, reinsurance, captive insurance, Insurtech, broker/MGA/MGU structures and diversified financial services organizations on complex tax and risk finance matters.

With more than 22 years of industry experience, Mr. Raybshteyn has worked extensively with global, multinational, and regional life, property and casualty, health/Blue Cross Blue Shield (BCBS), financial guarantee, and captive insurance structures, as well as bank holding companies, insurance brokers and agencies, and organizations across both financial and non‑financial sectors. His work spans tax planning, technical tax advisory, business advisory, and broader strategic risk management services.

Mr. Raybshteyn is one of the top tax advisors in the Insurtech space, having developed service offerings across the full company life cycle and spearheaded its growth in the northeastern US. In the alternative risk finance and captive insurance arena, Mr. Raybshteyn provides tax planning, structuring, risk advisory, tax controversy support, and regulatory guidance across traditional and emerging insurance markets. He assists clients with the design, formation, utilization, and restructuring of captive insurance and other alternative risk finance programs, as well as the evaluation and development of insurance products for captive insurers.

Widely recognized in the industry, Mikhail has been named multiple times to the Power 50 list of leading captive insurance professionals. He is also a recipient of the NYS Society of CPAs and Captive International “40 Under Forty” awards and has been inducted into Marquis Who’s Who in America.