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Capterra Risk Solutions expands in North Carolina
12 December 2022
US Reporter Lyndsey Young

The company has opened a second office in Charlotte, as it looks to adopt a larger national client base

AM Best affirms credit ratings of Ocean International Reinsurance Company
12 December 2022
Barbados Reporter Lyndsey Young

AM Best has affirmed the financial strength rating (FSR) of A- (Excellent) and the long-term issuer credit rating (Long Term ICR) of “a-” (Excellent) of Ocean International Reinsurance Company

Neil Smith, CEO of Hampden Agencies, is to retire after 14 years
09 December 2022
London Reporter Lyndsey Young

He will be succeeded in the role by Alistair Wood, current director of Hampden Agencies and head of research, subject to regulatory approval

Mosaic Insurance partners with Safe Security to launch cyber risk evaluation platform
08 December 2022
US Reporter Lyndsey Young

Mosaic Insurance has partnered with Safe Security to launch a platform that will help underwriters evaluate cyber risk for brokers and insureds

EU sustainability reporting regime adopted
06 December 2022
Europe Reporter Lyndsey Young

The Council of the EU has adopted the proposed European Union Corporate Sustainability Reporting Directive

Arch Insurance North America appoints new president
06 December 2022
US Reporter Lyndsey Young

Arch Insurance North America has appointed Brian First as president

Warburg Pincus acquires K2 Insurance Services from Lee Equity Partners
05 December 2022
US Reporter Lyndsey Young

Warburg Pincus has acquired K2 Insurance Services from Lee Equity partners

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Issue archive
Inside this issue

In this issue of Captive Insurance Times, industry experts sit down with Diana Bui to discuss why Bermuda is a top choice to establish a captive.

Christina Kindstedt, president at Advantage Insurance Management, speaks to Diana Bui about the benefits of independent captive management.

Elsewhere, Barry White, EVP for Artex North America, sits down with John Savage to discuss the benefits of Artex’s new PCC domiciled in Vermont.

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Interviews
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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
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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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