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HDI Global appoints Major as Chief Claims Officer for UK and Ireland
19 November 2024
UK Reporter Diana Bui

Major joins HDI from Allianz, where he currently serves as UK head of claims at Allianz Commercial

Marsh McLennan closes US$7.75bn deal on McGriff acquisition
19 November 2024
US Reporter Diana Bui

Founded in 1886, McGriff provides commercial P&C insurance, surety, employee benefits, and personal lines insurance solutions to businesses and individuals across the US

Aon launches cyber risk analyser to tackle growing cyber threats
19 November 2024
US Reporter Diana Bui

The new platform equips clients and brokers with capabilities like loss forecasting, exposure assessment, and total cost of risk analysis

Davies acquires Barker Claim Services
18 November 2024
US Reporter Diana Bui

Barker Claim Services will build on Davies’ existing nationwide claims operations in North America, led by Don Lederer, claims solutions CEO, providing additional regional coverage to clients in US states

Generali names Selff as Head of Underwriting for Asia
18 November 2024
Hong Kong Reporter Diana Bui

Nicholas Selff has a strong background in the P&C insurance industry, having worked for over 15 years in various positions across the APAC region

AM Best downgrades credit ratings of Evergreen Group’s captive
18 November 2024
Bermuda Reporter Diana Bui

The rating downgrades reflect the captive’s business plan to cease underwriting new business starting from mid-May 2024

Aon launches new Florida Flood model for state insurers
15 November 2024
US Reporter Diana Bui

The new model, developed by Impact Forecasting — Aon’s catastrophe model centre — in collaboration with global flood and climate risk modelling firm Fathom, assesses flood exposures in the state to inform (re)insurers’ rate filings

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Latest issue 273
Issue archive
Inside this issue

In this issue of Captive Insurance Times, Würk CEO Deborah Saneman unveils new captive offerings to help the legal cannabis industry in the US secure employee benefits.

With the UAE’s two financial-free zones stepping up their game, more local and regional businesses may be looking closer to home to meet their captive insurance needs.

Elsewhere, Michael Whitfield, head of UK relationships at Atlas Insurance, talks to John Savage about the rising opportunities for protected cell company in the UK market.

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Interviews
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Nate Reznicek
Captives.Insure

Nate Reznicek, president and principal consultant at Captives.Insure, discusses how the firm's independent approach to captive consulting and underwriting benefits brokers and captive managers

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Jen Lee
QBE North America

With rising demand for organ transplants straining the budgets of self-funded health plans, Jen Lee, vice president at QBE North America, speaks with Diana Bui about how the company’s specialised coverage and stop-loss integration offer a comprehensive solution while ensuring high-quality patient care

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Clint Casabella
Grid151

Clint Casabella, senior vice president for strategy and business development at Grid151, highlights the potential for title reinsurance solutions to address gaps left by traditional title insurers in the captive insurance market

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TJ Strickland
Strickland Hardee

TJ Strickland, managing partner at Strickland Hardee, explains the federal tax implications for captives in the US and how to reduce the risk of IRS scrutiny

Features
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Expanding footprint in Asia

The Cayman Islands opened its Asia office in Singapore in June this year in an attempt to bolster its offering in the region. Ned Holmes drills into the motivation behind their latest expansion and what it says about the Asian captives market

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Reshaping asset strategies under Solvency II

Diana Bui sits down with industry experts to assess how Solvency II modifications and other regulatory changes affect asset management strategies for captive insurers in Europe

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Insurtech’s well-laid plan

The innovation, creativity and agility of insurtechs make them a perfect fit for captive insurance when the time is right

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Domicile profiles
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Europe

Europe, home to many of the world’s leading financial centres, has yet to fully capitalise on its potential in the captive insurance market. Experts explore strategies to unlock the continent's untapped potential for growth in captive

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Michigan

Michigan’s captive premium volume grew beyond US$3 billion in 2023 as it continued to establish itself in a competitive US market. Ned Holmes investigates how the domicile has made up for lost time

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The Cayman Islands

The Cayman Islands is emerging as a leading hub for insurance-linked securities and collateralised reinsurance, attracting diverse industry players with innovative licensing and rapid regulatory processes

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The Bahamas

Dana Munnings-Gray, acting superintendent of insurance at the Insurance Commission of The Bahamas, outlines how to harness captive insurance to enhance wealth management and risk mitigation

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