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HDI Global hires Sammons to boost captive’s team
31 January 2025
UK Reporter Diana Bui

Dan Sammons joins from AIG, where he most recently served as head of Alternative Risk Solutions UK

Allstate to sell group health business to Nationwide for US$1.25bn
31 January 2025
US Reporter Diana Bui

Allstate's group health business provides stop-loss insurance to small businesses, which will gain access to Nationwide's complementary product offerings

Buskirk joins SRS as Director of Medical Stop Loss Captive Management
30 January 2025
US Reporter Diana Bui

Chad Buskirk brings over 25 years of experience in finance leadership and third-party administrator service

Lloyd’s appoints Cliff as new Chief Financial Officer
30 January 2025
UK Reporter Diana Bui

Alexandra Cliff will succeed Burkhard Keese, who is leaving Lloyd’s to pursue investment roles in the German insurance market

Bermuda Captive Network hosts Captive Education Summit
29 January 2025
Bermuda Reporter Diana Bui

The Bermuda Captive Network hosted its annual Captive Education Summit last week at the Bermuda Underwater Exploration Institute, with experts providing updates on regulatory, financial, and investment trends

Jireh Risk Advisors and SRS launch new ILS platform in Bermuda
29 January 2025
Bermuda Reporter Diana Bui

Jireh Risk Advisors has partnered with Strategic Risk Solutions (SRS) to launch Strata ILS, an unrestricted special purpose insurer licensed by the Bermuda Monetary Authority

Apollo partners with WNS
28 January 2025
US Reporter Clelia Frondaroli

The collaboration will see WNS providing Apollo with a new Fast Start solution, using technology, data, and domain-focused resources to support Apollo’s third party syndicate partnership business

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Latest issue 278
Issue archive
Inside this issue

In this issue of Captive Insurance Times, Karl Loomes sits down with Jason Stevenson, director at ALT/r Consulting, to discuss the role of an independent consultancy and how to advise clients interested in captives.

As digital assets gain traction, the Bermuda Monetary Authority has adapted its regulatory framework, creating new opportunities for captive insurers in this evolving space.

Elsewhere, Diana Bui talks to Diana Hardy and Bailey Roese, co-chairs of CICA’s NEXTGen initiative, about strategies for attracting more young talent to the captive insurance industry.

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Interviews
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John Michael Alexander and Ryan Basnett
South Carolina Department of Insurance

John Michael Alexander and Ryan Basnett from the South Carolina Department of Insurance explain the competitive advantages for small and medium-sized businesses when choosing South Carolina as the domicile to establish their captives

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Fenhua Liu
Connecticut Insurance Department

Connecticut Insurance Department’s Fenhua Liu talks about the upcoming CT Captive Insurance Forum and the plans to accelerate the captive growth in the State

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Waqqas Asghar
RH CPAs

Waqqas Asghar, audit director at RH CPAs, speaks to John Savage about harnessing captives to optimise financial benefits during mergers and acquisitions and initial public offerings

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Jacqueline Quintal
Marsh

Jacqueline Quintal, managing director in Financial Institutions Group at Marsh, sheds light on the use of digital assets in the captive insurance space

Features
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Mastering risks through captive insurance

Tibor Boettcher, CEO and executive director of Volkswagen Insurance Company, shares with Diana Bui how the captive plays a crucial role in the automotive giant’s risk management strategy

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No fate but what captives make

The rise of AI has been swift, but must captive insurance accept the technology as an inevitability and adapt, or resist?

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Partnerships shaping Connecticut’s captives

Leaders from key organisations share insights on regulatory support, economic impact, and the evolving role of InsurTech in the captive market

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Domicile profiles
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Barbados

Carmel L. Haynes, executive director at Barbados International Business Association, highlights the significance of the upcoming Barbados Risk & Insurance Management 2025 Conference in fostering innovative solutions and global collaboration in the industry

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Europe

Experts from AM Best delve into transformative trends in European captive insurance market, outlined in their latest report ‘New Domiciles Are Changing the Landscape for the European Captive Insurance Segment’

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Hong Kong

The success of Hong Kong’s current cohort of captives is spurring the jurisdiction’s leaders and regulators into action in a bid to encourage local and Chinese companies to follow suit

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Delaware

Delaware’s rise as a key player in captive space is no accident, with its robust regulatory framework, strategic location, and commitment to responsive service making it a top choice for businesses

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