The Captive Insurance Companies Association has handed out awards to Gary Bowers and the American Contractors Insurance Group for their contributions to the captive industry.
Michigan State University has launched its own captive insurance company to cover general and auto liability, following the Larry Nassar sex abuse scandal
Lockton has launched a new global reinsurance business, Lockton Global Re, with a leadership team of well-known executives from the insurance industry
Artex Risk Solutions has promoted Laura Hurlston to client services manager
Tennessee-domiciled captive insurance companies’ written premiums rose by 20 percent to $1.2 billion last year, despite the state seeing reduced growth in new captive licences and a rise in captive closures
Aon has stated that it is not pursuing an “all-share business combination” with Willis Towers Watson, following extensive speculation over a deal which would have seen the combination of two of the world’s largest insurance brokers
Guernsey is providing a captive-based solution that will offer an alternative method to manage defined benefit pension scheme risks
MAXIS GBN, Metlife and AXA’s international employee benefits EB joint venture, has appointed Ricardo Almeida as head of distribution
