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AmTrust expands its cyber team with two new hires
29 January 2021
New York Reporter Maria Ward-Brennan

AmTrust Financial Services, a global specialty property and casualty insurer, has hired Jeffrey Batt and Michelle Ingrassia within its cyber insurance team

How will new US administration tax proposals affect captives?
29 January 2021
US Reporter Becky Bellamy

RH CPAs’ Teresa Jones, Diana Hardy and Daniel Milan explain it is important to consider the possible effects of proposed tax plans likely introduced by the new Joe Biden administration

Donald Ashwood takes on new Oklahoma captive coordinator role
29 January 2021
Oklahoma Reporter Becky Bellamy

The initial creation of the captive coordinator position was due to an increased emphasis on captives in the state, according to the OID

Airmic’s annual event set to relocate to Brighton in October
28 January 2021
UK Reporter Maria Ward-Brennan

Airmic is “cautiously” planning for a return to physical events in H2 2021, and for the return of its annual conference in October, which will be held in Brighton

Washington proposes captive bill that could see $29m in back taxes and generate revenues of over $2.5m
28 January 2021
Washington Reporter Maria Ward-Brennan

A bill submitted during Washington State 2021 legislative session would see the creation of a framework for registering eligible captive insurers and imposing a premium tax on the risk covered by premiums allocable to the state

Michael Colao joins AXA XL
28 January 2021
UK Reporter Maria Ward-Brennan

Michael Colao has joined AXA XL as global chief underwriting officer, cyber

Connecticut proposes captive bill amendments
28 January 2021
Connecticut Reporter Maria Ward-Brennan

After being delayed due to the COVID-19 pandemic, the Connecticut Department of Insurance has drafted a proposal concerning captive insurance for the 2021 legislative session

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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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