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Sompo appoints Leone as new Chief Investment Officer
06 June 2024
US Reporter Diana Bui

Based in New York, Thomas Leone will report to Nicolas Burnet, chief financial officer (CFO) at Sompo, and take over from Mark Silverstein, who will retire from the role after more than 18 years with the business.

Lloyd’s opens a new office in Miami
06 June 2024
US Reporter Isabel Gonzalez

Lloyd’s opens a new office in Miami, expanding their business across four offices in the Americas: New York, Miami, Rio de Janeiro, and Toronto.

Doshi named Head of North America Treaty Casualty at Everest Reinsurance
06 June 2024
US Reporter Isabel Gonzalez

Mayur Doshi has been working for Everest since 2019 as vice president, US treaty casualty, responsible for treaty and faculative reinsurance purchasing.

CrowdStrike launches cybersecurity platform Falcon for Insurability
06 June 2024
US Reporter Diana Bui

The new programme aims to help insurers reduce underwriting risk, improve cyber resilience, and stop breaches.

Arthur J. Gallagher & Co. acquires Crawford Insurance
05 June 2024
US Reporter Isabel Gonzalez

Based in Illinois, Arthur J. Gallagher & Co. acquires the Pennsylvania-based Crawford Insurance

Torielli joins ClearPoint Health as COO
05 June 2024
US Reporter Diana Bui

In the new role, Sophia Torielli will oversee operational efficiency, process optimisation, and team leadership, contributing to the company’s mission of delivering innovative alternative funding solutions.

DARAG signs agreement with Unipol
05 June 2024
UK Reporter Isabel Gonzalez

DARAG, the international insurance and reinsurance group with a focus on the European market, and Unipol sign a service contract.

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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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