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Willis Towers Watson places parametric solution for sovereign debt
21 December 2021
Belize Reporter Rebecca Delaney

Willis Towers Watson’s alternative risk transfer division has designed and placed the world’s first parametric insurance transaction to support the Government of Belize’s debt restructuring for marine conservation

Risk Strategies bolsters higher education risk management team
20 December 2021
US Reporter Rebecca Delaney

Risk Strategies has appointed Steve Bryant as managing director, higher education risk management leader

A.M. Best: Climate risk provides both opportunities and challenges for reinsurers
17 December 2021
US Reporter Rebecca Delaney

Innovation within the insurance industry to address evolving climate risks could see business opportunities for captive insurance, according to a new A.M. Best special report

Concert Group Holdings forms E&S carrier
15 December 2021
Montana Reporter Rebecca Delaney

Insurance fronting company Concert Group Holdings has formed Concert Specialty Insurance Company, an excess and surplus lines carrier domiciled in Montana

ART programme manager hires consulting director
15 December 2021
Texas Reporter Rebecca Delaney

BevCap Management has appointed Joshua Lees as director of consulting

Coalition to launch captive for cyber risk
14 December 2021
US Reporter Rebecca Delaney

Commercial insurtech provider Coalition is set to launch a new captive to take risk on its cyber insurance programmes

Avrahami advisor protests IRS penalties
14 December 2021
Florida Reporter Rebecca Delaney

Celia Clark, the lawyer that helped to form the micro captive insurance company in the landmark Avrahami case, has filed a lawsuit against the Internal Revenue Service seeking refund for the partial payment of penalties

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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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