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Marsh subsidiary expands midwest presence
06 September 2021
North Dakota Reporter Rebecca Delaney

Middle-market Marsh subsidiary, Marsh McClennan Agency, has acquired Vaaler Insurance to expand its presence in the midwest of the US

Lockton unveils New Zealand offices
06 September 2021
New Zealand Reporter Rebecca Delaney

Corporate brokerage Lockton has launched a New Zealand operation, Lockton Companies NZ Limited Partnership, to establish new client servicing standards for risk and insurance in the national market

Vantage expands healthcare and excess casualty businesses
03 September 2021
Bermuda Reporter Rebecca Delaney

Vantage Group Holdings has launched healthcare and excess casualty insurance businesses in Bermuda and the US as part of the continued expansion of its insurance platform

Sompo adds to Bermuda reinsurance team
02 September 2021
Bermuda Reporter Rebecca Delaney

Sompo International has appointed Neville Weston as head of global distribution and product development for its reinsurance platform

South African authorities clarify captive definitions and licensing
02 September 2021
South Africa Reporter Rebecca Delaney

The Financial Sector Conduct Authority and Prudential Authority of South Africa have released a joint guidance notice concerning the application of sections 5(1) and 5(2) of the Insurance Act

EIS names incoming COO
02 September 2021
South Carolina Reporter Rebecca Delaney

Energy Insurance Mutual has appointed Megan Ogden as chief operating officer of its protected cell captive Energy Insurance Services, effective 31 March 2022

IA: Hong Kong as a global risk management centre
01 September 2021
Hong Kong Reporter Rebecca Delaney

Hong Kong can leverage its position as a captive domicile and reinsurance hub to support the five-year plan to solidify its strategic position as a risk management centre for mainland business, according to the Insurance Authority

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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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Andrew Gray and Matt Newman
Apollo

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

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Jack Foley
AssuredPartners

Jack Foley of AssuredPartners speaks to Diana Bui about his experiences and aspirations to progress in his career in the captive insurance industry

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Patrick Johnston
3F Captive Services

Patrick Johnston, co-founder of 3F Captive Services, explains the benefits of captive insurance in managing risks for agricultural businesses

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Kevin Mead
VCIA

Kevin Mead, president of the VCIA, discusses the association’s 39th conference highlights, and the innovative ways it has adapted to address current industry challenges in an exclusive interview with Diana Bui

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Features
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Bridging the talent gap in captives

Facing a critical talent shortage, Hylant and Butler University have joined forces in a partnership to shape the future of the insurance workforce, promising fresh solutions for an industry in need

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Re-rating the outlook on rates, bonds, and equities

Jack Meskunas, executive director of investments at Oppenheimer, shares his views on how captive insurers can manage their assets and investments effectively

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Navigating captive regulations across US states: Part 2

Continuing the discussion about captive legislation in US states, in the second of two articles on the topic, Diana Bui speaks to regulators from Missouri, Delaware and Oklahoma about their strategies to stay competitive and adapt to industry changes

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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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