Humphries has more than 15 years of legal experience in captive insurance
AM Best has assigned a financial strength rating of “A” (Excellent) and long-term issuer credit ratings of “a” (Excellent) to the new members of Builders Insurance Group
The Phoenix captive was started by a group of contractors
It has already licensed nine new captives this year
Stone Point Capital, a Connecticut-based private equity firm, has invested in South Carolina-based medical stop-loss captive platform, ClearPoint Health
Marsh has launched ReadyCell, an AI-powered risk financing solution
Hoomani has served as general counsel for the department since 2017
He will lead Pinnacle’s APEX captive operations