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Artex appoints new Chairman and CEO
11 June 2024
Bermuda Reporter Diana Bui

Artex Risk Solutions has appointed CEO and co-founder Peter Mullen as chairman, effective from 1 Jan 2025, with Zeb Holt succeeding as designated CEO, effective from 1 July.

Guy Carpenter forms Capital & Advisory group
10 June 2024
US Reporter Diana Bui

Guy Carpenter has launched the Capital & Advisory group as part of its Global Capital Solutions and has appointed Alexander Schnieders as global head of the new division.

WTW partners with Guidewire to enhance underwriting and insurance pricing
10 June 2024
US Reporter Diana Bui

The partnership will introduce a ‘Ready for Guidewire’ accelerator, facilitating rapid and repeatable integration between WTW’s Radar analytics software and Guidewire PolicyCenter.

CTCIA hosts first stop of regional tour in Boston
10 June 2024
US Reporter Diana Bui

In the event, held at KPMG headquarters in Boston, guests were provided with an overview of captive insurance, collaboration examples, as well as insights on tax and accounting.

AM Best affirms credit ratings of Berkley Life and Health Insurance
07 June 2024
US Reporter Isabel Gonzalez

AM Best has affirmed the financial strength rating of "A+" (Superior) and the long-term issuer credit rating of “aa-” (Superior) of Berkley Life and Health Insurance, a medical group captive.

Anderson named Director of Policy and Regulation at ABIR
07 June 2024
Bermuda Reporter Diana Bui

In his new position, Collin Anderson will lead Association of Bermuda Insurers and Reinsurers’s public outreach agenda, research international public policy and insurance regulation developments.

Sompo appoints Leone as new Chief Investment Officer
06 June 2024
US Reporter Diana Bui

Based in New York, Thomas Leone will report to Nicolas Burnet, chief financial officer (CFO) at Sompo, and take over from Mark Silverstein, who will retire from the role after more than 18 years with the business.

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Latest issue 269
Issue archive
Inside this issue

In this issue of Captive Insurance Times, Apollo’s Andrew Gray and Matt Newman talk to John Savage about the launch of the “first captive syndicate of the modern era” managed by the company at Lloyd’s market.

Elsewhere, Diana Bui speaks to regulators from Missouri, Delaware and Oklahoma about their strategies to stay competitive and adapt to industry changes.

Exit solutions are a natural and necessary part of the captive life cycle, but they are not getting the air time. Experts discuss why and how captive dissolution can be beneficial to the parent company.

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Interviews
Back to the latest news
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Zlata Cavka
Advantage Insurance Management

Zlata Cavka, an account administrator working with captive companies in Vermont, speaks with Diana Bui about captive management and emerging opportunities in the industry

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Timothy Marlin
Marsh

Timothy Marlin, senior vice president in Cyber Practice for US and Canada at Marsh, talks about the structure and operating model of Edgware Re group captive

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Jeb Dunkelberger
ClearPoint Health

Jeb Dunkelberger, founder and CEO of ClearPoint Health, talks about the company’s new initiative focusing on the ‘full spectrum’ of alternative risk solutions for health insurance

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Dr Dirk Höring
HDI Global

Dr Dirk Höring, member of HDI Global’s executive board for property, engineering and marine insurance, and risk consulting, explains about the new climate risk reporting (CRR) service and its benefits for captives

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Features
Back to the latest news
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Navigating captive regulations across US states

In the first of two articles on captive legislation in US states, Diana Bui talks to regulators from Vermont, Utah and North Carolina about their strategies to stay competitive and adapt to industry changes

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Upskilling in the captive industry

J.J. DeBrosse, Tom Faulconer and William Gulley from Butler University’s Lacy School of Business, talk about different programmes for professionals working in risk and insurance industry

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Investment income and payment efficiencies

Andy Roderique, assistant vice president at IPFSDirect, and Greg Cobb, director of Insurance Solutions at Sage Advisory Services, discuss how effective investment and payment strategies contribute to captive growth

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Domicile profiles
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Asia Pacific

Henry Brandts-Giesen and Jackson Tu’inukuafe of Dentons talk about key domiciles for captive insurance in Asia Pacific

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South Carolina

As South Carolina continues to grow as a captive domicile, the benefits of its stable captive regime have come to bear. Challenges persist in the industry as a whole, however, continued growth will require reflection on how best to handle them

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North Carolina

Ten years after the inception of its captive insurance law, North Carolina is flourishing, having hit a significant milestone in licences, and having become the third largest domicile in the US. Ned Holmes examines what the Old North State is doing right

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Alberta

Patrick Ferguson, senior vice president at Marsh Captive Solutions, dissects the key factors that make the Canadian province Alberta a viable option for market participants, and considers how the domicile needs to develop to invite further offshore and onshore participation

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