The state licensed 25 new captives and 66 new cells last year, bringing the total to 164 captives and 555 cells, according to data from the Tennessee Department of Commerce and Insurance’s (TDCI’s) Captive Insurance Section.
Based in Bermuda, Edgware Re engages with its members and allows participants to purchase up to US$10 million in insurance or reinsurance based on their needs.
In the role, Drake will work closely with the firm’s member-owner schools and business partners.
His expertise includes guiding clients through Internal Revenue Service (IRS) audits, preparing administrative claims and protests, and litigating tax-related cases in various US courts.
The event, tailored to prospective captive insurance companies, has been hosted in more than 20 cities, including Mexico City.
The new investment, which increases CyberSaint's total funding to US $30 million, enables the business to accelerate market expansion and enhance its CyberStrong platform powered by artificial intelligence (AI) technology.
Gatsch has been actively engaged in actuarial consulting for more than 26 years, specialising in reserving and funding for insurance companies, captives, self-insured groups and government entities.
With more than 30 years of experience in US taxation, Payne has collaborated with clients and colleagues, providing tax consulting and compliance services across various industries.
