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Artex Risk Solutions promotes Ryan Santacrose
18 February 2021
Illinois Reporter Maria Ward-Brennan

Artex Risk Solutions has promoted Ryan Santacrose as assistant vice president, business development

BlueStone Advisors hires Michael Hansen as it expands its employee benefits division
17 February 2021
Illinois Reporter Maria Ward-Brennan

BlueStone Advisors, an independent insurance brokerage firm, has appointed Michael Hansen as vice president in the employee benefits division

Captive amendment bill passes Delaware Senate
16 February 2021
Delaware Reporter Maria Ward-Brennan

The Delaware State Senate has passed Senate Bill 36, which is an act to amend title 18 of the Delaware Code relating to captive insurance companies

Sony’s captive ratings affirmed by A.M. Best
16 February 2021
Bermuda Reporter Maria Ward-Brennan

A.M. Best has upgraded the long-term issuer credit rating to “a+” from “a” and affirmed the financial strength rating of A (Excellent) of PMG Assurance, which is based in Bermuda. The outlook of these credit ratings is stable

Compre and Apollo enter strategic partnership
15 February 2021
UK Reporter Maria Ward-Brennan

Compre, the international specialist legacy group, has entered into a strategic partnership with Apollo Syndicate Management to launch a new Lloyd’s legacy Syndicate 1994

A.M. Best examines EIOPA’s Solvency II review advice
15 February 2021
UK Reporter Maria Ward-Brennan

While EIOPA’s advice, if implemented, would have the disadvantage of adding to complexity in the regime, A.M. Best’s says the proposals make a start in moving Solvency II “somewhat closer to providing an economic picture of insurers”

Newly launched Corant Global appoints Steven Beard
15 February 2021
UK Reporter Maria Ward-Brennan

Corant Global has appointed Steven Beard as executive director, effective immediately

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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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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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