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NFP expands employee benefits footprint in upstate New York
21 November 2024
US Reporter Diana Bui

NFP, an Aon company, has acquired certain assets of AnchorGroup, expanding its employee benefits footprint in upstate New York

BMS hires Phillips as Director and African Practice Leader
20 November 2024
UK Reporter Diana Bui

As African practice leader, Ryan Phillips will provide support to clients across the continent covering multiple lines including property, political violence, terrorism, energy, financial lines and cyber

UIB Group opens new office in Nepal
20 November 2024
Nepal Reporter Diana Bui

The office will report to the UIB Asia regional headquarters, based in Singapore

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

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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
Back to the latest news
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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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