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CIC Services launches BankInsure for small to mid-sized banks
23 February 2024
Reporter Frances Jones

BankInsure offers a captive insurance approach, allowing banks to retain premiums as profit

AM Best assigns “Excellent” credit rating to Related’s Vermont captive
22 February 2024
Reporter Frances Jones

AM Best has assigned a financial strength rating of “A-” (Excellent) and a long-term Issuer credit rating of “a-” (Excellent) to Relsure Vermont

Dylan Feringa promoted to director and vice president at PNC
22 Februrary 2024
Reporter Frances Jones

Feringa will consult with commercial insurers and captive insurers on institutional investment solutions

Truist to sell remaining stake in TIH
21 February 2024
Reporter Frances Jones

Truist Financial Corporation has reached a definitive agreement to sell its remaining stake in TIH

Pinnacle appoints Mosley as managing principal
20 Februrary 2024
Reporter Frances Jones

Mosley is promoted from principal and will succeed Joe Herbers

Symphony Grow launches “industry-first” captive solution for cannabis
19 February 2024
Reporter Frances Jones

Through the solution, business owners in the cannabis space can establish their own insurance company

DARAG completes two captive transactions in NA
19 Februrary 2024
Reporter Frances Jones

Both portfolios insured workers compensation, general liability and auto liability exposure

Oklahoma reports a 31 per cent increase for captives in 2023
16 February 2024
Reporter Sophie Downes

The group issued 20 new licences, with six dissolutions, bringing Oklahoma's total captive insurers to 59

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