By the end of 2024, the state had licensed or approved over 1,600 risk-bearing captive entities since the General Assembly enacted the Captive Insurance Act in 2013
This acquisition, combined with the client base of Unicorn Risk Solutions — recently rebranded as Howden — strengthens the company’s presence in regional Western Australia
Ohio State University has established its own captive insurance company to better manage risks and control costs
At the end of 2024, Tennessee licensed 11 new captives and 94 new cells, bringing the state’s total to 182 captives and 657 active cells
Resilience has expanded its partnership with RSA Insurance to underwrite cyber insurance for US clients on a surplus lines basis from London
Falcon Risk Services, an MGA owned by HDI Global Specialty, has launched SOAR, a standalone professional liability insurance policy tailored for insurance agents and brokers
Africa Specialty Risks (ASR) has partnered with the Banque Ouest Africaine de Développement (BOAD) to explore the potential of establishing a captive insurance entity