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PCRIC and WTW renews portfolio of climate and disaster risk insurance
06 November 2024
Pacific Reporter Clelia Frondaroli

These policy designs were developed using support from WTW’s Disaster Risk Finance (DRF) and Alternative Risk Transfer (ART) teams

Paratus gains regulatory approval from GFSC
06 November 2024
Guernsey Reporter Clelia Frondaroli

The regulatory approval from the Guernsey Financial Services Authority is said to expand Paratus’ renewable energy insurance offering

Helio welcomes industry professionals to the team
06 November 2024
US Reporter Clelia Frondaroli

Two industry professionals, Jerry Messick and Jonathan Messick, along with the firm they serve under; Unity Captive Solutions, will provide captive-related services under the Helio Risk brand

AdvantageGo offers new solution to MultiStrat
05 November 2024
US Reporter Clelia Frondaroli

This will be implemented through the company's AdvantageGo Underwriting Workbench, a platform which aims to enhance workflow efficiency through centralised visibility

Dombek and Optimal barred from creating captive companies
05 November 2024
US Reporter Clelia Frondaroli

These injunctions will bar them from promoting any tax plan that involves creating sham management companies and assisting in the creation of captive insurance companies

HDI Global chooses Windirsch as head of international programmes
04 November 2024
UK Reporter Clelia Frondaroli

The appointment comes after Melanie Windirsch's predecessor, Dirk Höring, was promoted to HDI Global executive board in April

AM Best reveals credit ratings for Sustainable Assurance Company
04 November 2024
Vermont Reporter Clelia Frondaroli

SAC’s balance sheet strength assessment is evidenced by its risk-adjusted capitalisation, which is at the strongest level

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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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