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Risk Strategies acquires Specialty Insurance Solutions
01 April 2021
Massachusetts Reporter Maria Ward-Brennan

Risk Strategies, a national specialty insurance brokerage and risk management firm, has acquired Specialty Insurance Solutions, expanding capabilities in its national student health practice

Saint Joseph’s University students crowned as CICA Essay Contest winners
31 March 2021
Minneapolis Reporter Becky Bellamy

Juniors Ashley Martin and Maxwell Bernstein proposed a group captive as a solution to provide insurance coverage for 30,000 college student housing rentals across the US

Roundstone distributes $4.2 million to customers
31 March 2021
Ohio Reporter Maria Ward-Brennan

Roundstone has reported a $4.2 million pro rata cash distribution to business owners across the nation currently enrolled in Clarity, the company's group medical captive

Kathleen Davis to chair of Union Mutual board
31 March 2021
Vermont Reporter Maria Ward-Brennan

Kathleen Davis was elected chair of the board of directors of the Union Mutual Fire Insurance Company and the New England Guaranty Insurance Company

Guy Carpenter launches Capital Advisory Group in Asia Pacific
30 March 2021
Asia Pacific Reporter Maria Ward-Brennan

Guy Carpenter & Company has launched its Capital Advisory Group in Asia Pacific and has appointed Michael Owen and Hussain Ahmad to lead the new operation

RIMS and George Mason University partner to advance government risk management
30 March 2021
New York Reporter Maria Ward-Brennan

RIMS and George Mason University’s Continuing and Professional Education teamed up to offer a series of workshops designed for federal employees and executives who are committed to building stronger risk management practices

BRIM: Barbados to see increase in captive formations
30 March 2021
Barbados Reporter Maria Ward-Brennan

Speaking at the Barbados Risk and Insurance Management conference 2021, a panel containing members from Marsh Captive Solution, discuss Barbados as having a 'strong captive presence'

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Latest issue 278
Issue archive
Inside this issue

In this issue of Captive Insurance Times, Karl Loomes sits down with Jason Stevenson, director at ALT/r Consulting, to discuss the role of an independent consultancy and how to advise clients interested in captives.

As digital assets gain traction, the Bermuda Monetary Authority has adapted its regulatory framework, creating new opportunities for captive insurers in this evolving space.

Elsewhere, Diana Bui talks to Diana Hardy and Bailey Roese, co-chairs of CICA’s NEXTGen initiative, about strategies for attracting more young talent to the captive insurance industry.

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Interviews
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John Michael Alexander and Ryan Basnett
South Carolina Department of Insurance

John Michael Alexander and Ryan Basnett from the South Carolina Department of Insurance explain the competitive advantages for small and medium-sized businesses when choosing South Carolina as the domicile to establish their captives

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Fenhua Liu
Connecticut Insurance Department

Connecticut Insurance Department’s Fenhua Liu talks about the upcoming CT Captive Insurance Forum and the plans to accelerate the captive growth in the State

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Waqqas Asghar
RH CPAs

Waqqas Asghar, audit director at RH CPAs, speaks to John Savage about harnessing captives to optimise financial benefits during mergers and acquisitions and initial public offerings

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Jacqueline Quintal
Marsh

Jacqueline Quintal, managing director in Financial Institutions Group at Marsh, sheds light on the use of digital assets in the captive insurance space

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Features
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Mastering risks through captive insurance

Tibor Boettcher, CEO and executive director of Volkswagen Insurance Company, shares with Diana Bui how the captive plays a crucial role in the automotive giant’s risk management strategy

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No fate but what captives make

The rise of AI has been swift, but must captive insurance accept the technology as an inevitability and adapt, or resist?

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Partnerships shaping Connecticut’s captives

Leaders from key organisations share insights on regulatory support, economic impact, and the evolving role of InsurTech in the captive market

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Domicile profiles
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Barbados

Carmel L. Haynes, executive director at Barbados International Business Association, highlights the significance of the upcoming Barbados Risk & Insurance Management 2025 Conference in fostering innovative solutions and global collaboration in the industry

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Europe

Experts from AM Best delve into transformative trends in European captive insurance market, outlined in their latest report ‘New Domiciles Are Changing the Landscape for the European Captive Insurance Segment’

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Hong Kong

The success of Hong Kong’s current cohort of captives is spurring the jurisdiction’s leaders and regulators into action in a bid to encourage local and Chinese companies to follow suit

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Delaware

Delaware’s rise as a key player in captive space is no accident, with its robust regulatory framework, strategic location, and commitment to responsive service making it a top choice for businesses

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